Requested from SEC by S. Aranzado at 03:20 PM on
Nov 09, 2023.
Purpose: Thesis / College Research Paper
Date of Coverage: 01/01/2022 - 12/31/2022
Tracking no: #SEC-395121882101
Aranzado 03:20 PM, Nov 09, 2023
HI, i would like to know the average financial ratio of hotels in the Philippines
1. gross profit rate, return on sales, return on equity, return on asset, current ratio, total asset turnover, AR turnover, AP turnover, debt asset ratio and debt to equity ratio.
2. I would also like to know what ratio can be considered as high ratios, average ratios and low ratios
Gonzales 04:02 PM, Nov 09, 2023
November 9, 2023
Dear Sheala Kaye,
Thank you for your request dated Nov 09, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for The average hotel industry financial ratio.
We received your request on Nov 09, 2023 and will respond on or before Nov 30, 2023 03:20:28 PM, in accordance with the Executive Order's implementing rules and regulations.
Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy0zOTUxMjE4ODIxMDEM, for request with ticket number #SEC-395121882101.
Thank you.
Respectfully,
Isma Gonzales
FOI Officer
Espiritu 01:50 PM, Nov 13, 2023
November 13, 2023
Dear Sheala Kaye Aranzado,
Greetings!
Thank you for your request dated Nov 09, 2023 03:20:28 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
Your Request
You asked for the average hotel industry financial ratio.
Response to Request
The Company Analytics and Statistics Division (CASD), led by Assistant Director Violeta V. Infante, will get in touch with you through the contact information you have provided, and will gladly assist you regarding your request.
Please feel free to contact CASD through email address casd@sec.gov.ph or telephone number (632) 8818-6117.
Your right to request a review
If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Chairperson Emilio B. Aquino through email address ebaquino@sec.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.
If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).
Thank you.
Respectfully,
Rose Ann Espiritu
FOI Receiving Officer
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