EX-12 7 y53568ex12.txt COMPUTATION OF RATIOS 1 EXHIBIT 12 NAPCO SECURITY SYSTEMS, INC. COMPUTATION OF RATIOS
2001 2000 1999 ---- ---- ---- (In thousands, except for ratios) A. Current Assets $42,106 $40,975 $41,696 B. Current Liabilities 8,874 5,695 6,776 Current Ratio (Line A = Line B) 4.7 to 1 7.2 to 1 6.2 to 1 C. Sales $54,771 $53,946 $50,875 D. Receivables 16,940 18,027 16,446 Ratio (Line C = Line D) 3.2 to 1 3.0 to 1 3.1 to 1 E. Total Current Liabilities $ 8,874 $ 5,695 $ 6,776 F. Long Term Debt 21,567 16,183 17,241 G. Deferred Income Taxes 292 292 442 H. Total Liabilities 30,733 22,170 24,459 I. Equity 32,944 33,359 31,328 Ratio (Line H / Line I) .9 to 1 .7 to 1 .8 to 1
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