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    Date: 2023-04-27 15:24:57.907071

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    Date: 2023-04-28 09:21:59.933972

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2022 Financial Ratios Philippines

Requested from DBM by G. Argoncillo at 03:24 PM on Apr 27, 2023.
Purpose: Research and Development
Date of Coverage: 04/27/2021 - 02/27/2023
Tracking no: #DBM-456897794746

Argoncillo 03:24 PM, Apr 27, 2023 

Hi! I would like to request information regarding the following average financial ratios in the Philippines for the year 2022:

1. Average gross profit ratio
2. Operating Margin Ratio
3. Return on Asset Ratio
4. Current Ratio
5. Acid Test Ratio
6. Debt Ratio
7. Return on Equity Ratio
8. Total Asset Turnover
9. Fixed Asset Turnover

Central Records Division 09:21 AM, Apr 28, 2023 

28 April 2023

Dear Ms. Argoncillo:

Warm greetings from the Department of Budget and Management (DBM). 

Thank you for your request, dated 27 April 2023, under the Executive Order No. 2 (s. 2016) or the Freedom of Information in the Executive Branch.

We have received your request for information regarding the 2022 Financial Ratios of the Philippines, on 28 April 2023. However, please be informed that we have forwarded your inquiry to another agency, specifically to the  National Economic and Development Authority (NEDA), since it is the country’s premier socioeconomic planning body, highly regarded as the authority in macroeconomic forecasting and policy analysis and research. 

Should you have any questions regarding your request, kindly contact the said agency using the reply function at the eFOI portal, with ticket number: #DBM-456897794746.

Thank you.

Very truly yours, 

FRO Media Affairs and Community Relations Office (MACRO), DBM
FOI Officer

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