EX-12 3 y40822ex12.txt COMPUTATION OF RATIOS 1 EXHIBIT 12 NAPCO SECURITY SYSTEMS, INC. COMPUTATION OF RATIOS
2000 1999 1998 ---- ---- ---- (In thousands, except for ratios) A. Current Assets $40,975 $41,696 $44,153 B. Current Liabilities 5,695 6,776 10,211 Current Ratio (Line A / Line B) 7.2 to 1 6.2 to 1 4.3 to 1 C. Sales $53,677 $50,573 $50,269 D. Receivables 18,027 16,446 14,760 Ratio (Line C / Line D) 3.0 to 1 3.1 to 1 3.4 to 1 E. Total Current Liabilities $ 5,695 $ 6,776 $10,211 F. Long Term Debt 16,183 17,241 18,644 G. Deferred Income Taxes 292 442 875 H. Total Liabilities 22,170 24,459 29,730 I. Equity 33,359 31,328 28,833 Ratio (Line H / Line I) .7 to 1 .8 to 1 1.0 to 1
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