EX-12 3 y64206exv12.txt COMPUTATION OF RATIOS EXHIBIT 12 NAPCO SECURITY SYSTEMS, INC. COMPUTATION OF RATIOS
2002 2001 2000 ---- ---- ---- (in thousands, except for ratios) A. Current Assets $ 38,957 $ 42,106 $ 40,975 B. Current Liabilities 8,447 8,874 5,695 Current Ratio (Line A/Line B) 4.6 to 1 4.7 to 1 7.2 to 1 C. Sales $ 55,836 $ 54,771 $ 53,946 D. Receivables 18,313 16,940 18,027 Ratio (Line C/Line D) 3.0 to 1 3.2 to 1 3.0 to 1 E. Total Current Liabilities $ 8,447 $ 8,874 $ 5,695 F. Long Term Debt 16,588 21,567 16,183 G. Deferred Income Taxes 539 292 292 H. Total Liabilities 25,574 30,733 22,170 I. Equity 34,294 32,944 33,359 Ratio (Line H/Line I) .7 to 1 .9 to 1 .7 to 1
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