Macro-magnitudes and ratios of non-financial companies by provinces. 2008(p)

	Basque Country	Álava	Bizkaia	Gipuzkoa
BASIC MAGNITUDES
Personnel employed NU	816.396	128.972	417.250	270.174
TOTAL ASSETS (thousands €)	185.105.874	29.075.777	102.586.495	53.443.602
MANAGEMENT INDICATORS
- Borrowed funds cost and activity
Added value per tangible fixed assets(%)	83,4	81,4	83,6	84,2
Ratio of working capital to production value(%)	12,1	13,4	9,9	15,2
Cost of borrowed funds(%)	3,1	3,3	3,1	3,2
- Operational management ratios
Total asset turnover (times)	0,9	1,0	0,8	0,9
Non-current asset turnover (times)	1,6	2,0	1,4	1,8
Current asset turnover (times)	1,8	1,9	1,8	1,8
Stock turnover (times)	3,9	3,5	4,3	3,5
Average stock maturity period (days)	94,1	103,8	85,2	104,4
Average collection period (days)	79,6	76,0	75,9	88,3
Average payment period (days)	259,3	224,5	266,1	270,0
DEBT RATIOS AND FINANCIAL STRUCTURE
Total indebtedness(%)	60,7	61,8	60,5	60,4
Total debt/net equity ratio(%)	154,4	162,1	153,3	152,4
Long-term indebtedness(%)	62,0	62,3	63,2	59,4
Short-term indebtedness(%)	92,4	99,8	90,1	93,0
Debt quality(%)	59,9	61,5	58,8	61,0
Financial autonomy(%)	64,8	61,7	65,2	65,6
Non-current asset financing coefficient(%)	73,7	78,2	69,8	79,8
Current asset financing coefficient(%)	77,8	74,3	81,8	73,2
Non-current asset hedging(%)	119,4	126,9	114,0	127,2
SHORT-TERM HEDGING RATIOS
Liquidity ratio(%)	15,0	12,9	15,4	15,5
Liquidity or Acid-test ratio(%)	92,2	88,3	90,2	98,1
Solvency(%)	128,5	134,5	122,2	136,7
LONG-TERM HEDGING RATIOS
Guarantee ratio(%)	164,8	161,7	165,2	165,6
Consistency ratio(%)	218,9	205,1	226,6	210,9
Stability ratio(%)	83,8	78,8	87,7	78,6
RETURN RATIOS
Economic return(%)	5,8	5,0	6,1	5,7
Financial return(%)	9,9	7,9	10,7	9,4
Financial leverage	1,7	1,6	1,8	1,7
Basic financial return(%)	5,2	3,9	5,6	5,0