Working Capital:

SNGPL
Current Assets
Less: Current Liabilities
Working Capital

2009
43,340,696
52,595,572
(9,254,876)

SSGC

2010
50,959,702
61,339,744
(10,380,042)

Working Capital '09

5,000,000

(10,000,000)

2010
67,834,860
66,631,297
1,203,563

Working Capital '10

5,000,000

(5,000,000)

2009
61,032,671
57,923,004
3,109,667

SSGC
2009

SNGPL

(5,000,000)

2010

SSGC
SNGPL

(10,000,000)
(15,000,000)

Working Capital
SNGPL
2010
2009
SSGC

(12,000,000)
(10,000,000)(8,000,000)(6,000,000)(4,000,000)(2,000,000)

2,000,000 4,000,000

Interpretation:
"Working Capital compares Surge to measure the liquid result available to satisfy
contingencies and also indicates short term solvency of a business where by a firm can pay
its current liabilities when due"
SSGC is more capable than SNGPL to satisfy contingencies and uncertainties

Quick Ratio:
SNGPL
2009
1,316,877
783,362
11,380,825
52,595,572
0.256316

Cash
Add: Marketable Securities
Add: Account Receivable
All Div: Current Liabilities
Quick Ratio

SSGC
2010
2,009,122
741,128
2,176,846
61,339,744
0.080325

Quick Ratio '09

2009
1,477,224
490,539
22,970,129
57,923,004
0.430535

2010
620,956
455,415
17,427,911
66,631,297
0.277712

Quick Ratio '10

0.300

0.600
0.400

0.200

SSGC

0.200

SSGC

0.100

SNGPL

0.000

SNGPL

0.000
2009

2010

Quick Ratio

SNGPL

2010
2009
SSGC

0.000

0.050

0.100

0.150

0.200

0.250

0.300

0.350

0.400

Interpretation:
"This is measurement of Liquidity in Business"
SSGC has more Liquid Assets than SNGPL and lesser Current Liabilities.

0.450

0.500

Current Ratio:
SNGPL
2009
43,340,696
52,595,572
0.824037

Current Assets
Div: Current Liabilities
Current Ratio

SSGC
2010
50,959,702
61,339,744
0.830778

Current Ratio '09

2009
61,032,671
57,923,004
1.053686

2010
67,834,860
66,631,297
1.018063

Current Ratio '10

1.5

1.5
1

SSGC

0.5

SSGC

0.5

SNGPL

SNGPL

0
2009

2010

Coverage Ratio
SNGPL
2009

2010
SSGC

0.2

0.4

0.6

0.8

1.2

Interpretation:
"General Rule of thumb Quick Ratio is lower than Current Ratio"
SSGC and SNGPL both satisfies that their Quick Ratio is Lower then their Current Ratio of
each year

Cash Ratio:
SNGPL
Cash
Add: Marketable Securities
All Div: Current Liabilities
Cash Ratio

2009
1,316,877
783,362
52,595,572
0.03993

SSGC
2010
2,009,122
741,128
61,339,744
0.04484

Cash Ratio '09

2009
1,477,224
490,539
57,923,004
0.03397

2010
620,956
455,415
66,631,297
0.01615

Cash Ratio '10

0.0600

0.0400
SNGPL

0.0350

SSGC
0.0300

0.0400

SNGPL

0.0200

SSGC

0.0000
2009

2010

Cash Ratio
SSGC
2010
2009
SNGPL

0.0000 0.0050 0.0100 0.0150 0.0200 0.0250 0.0300 0.0350 0.0400 0.0450 0.0500

Interpretation:
"This Indicate severe Liquid Problem with Inventory and Receivables"
SNGPL is more sound to face its Liquid Problems as compare to SSGC.

Leverage Ratios

Gross Profit Margin

SNGPL
2009
168,933,831
164,309,992
168,933,831
0.027371

Sales
Sub: Cost Of Good Sold
All Div: Sales
Gross Profit Margin

SSGC

2010
161,629,828
156,016,865
161,629,828
0.034727

Gross Profit Margin '09

2009
108,151,087
108,672,507
108,151,087
(0.004821)

2010
107,736,781
104,896,047
107,736,781
0.026367

Gross Profit Margin '10

0.04

0.03

0.03

0.02
0.01
0

SNGPL

0.02

SNGPL

SSGC

0.01

SSGC

-0.01

2009

2010

Gross Profit Margin

SSGC
2009
2010
SNGPL

-0.01

-0.005

0.005

0.01

0.015

0.02

0.025

0.03

0.035

0.04

Operating Profit Margin

SNGPL
Operating Income
Div: Sales
Operating Profit Margin

2009
5,358,727
168,933,831
0.031721

Operating Profit Margin '09

0.038
0.036
0.034
0.032
0.03
0.028

SSGC

2010
9,145,373
161,629,828
0.056582

2009
3,910,328
108,151,087
0.036156

2010
3,789,522
107,736,781
0.035174

Operating Profit Margin '10

0.06
0.04

SNGPL

SNGPL

0.02

SSGC

SSGC

0
2010

2009

Operating Profit Margin

SSGC
2010
2009
SNGPL

0.01

0.02

0.03

0.04

0.05

0.06

Net Profit Margin

SNGPL
2009
930,536
168,933,831
0.005508

Profit After Tax

Div: Sales
Net Profit Margin

SSGC

2010
2,554,563
161,629,828
0.015805

2009
257,489
108,151,087
0.002381

2010
4,399,149
107,736,781
0.040832

Net Profit Margin '10

Net Profit Margin '09

0.06

0.006

0.04

0.004

SNGPL

0.002

SNGPL

0.02

SSGC

SSGC

2010

2009

Net Profit Margin

SSGC
2010
2009
SNGPL

0.005

0.01

0.015

0.02

0.025

0.03

0.035

0.04

0.045

Return on Total Assets

SNGPL
2009
930,536
13,634
122,551,962
0.007704

Profit After Tax

Add: Interest
Div: Total Assets
Return on Total Assets

SSGC

2010
2,554,563
7,289
138,421,937
0.018508

2009
257,489
1,198,064
100,554,000
0.014475

2010
4,399,149
2,834,297
110,759,695
0.065308

Return on Total Assets '10

Return on Total Assets '09

0.08

0.015

0.06

0.01
0.005

SNGPL

0.04

SNGPL

SSGC

0.02

SSGC

2010

2009

Return on Total Assets

SSGC

2010
2009
SNGPL

0.01

0.02

0.03

0.04

0.05

0.06

0.07

Return on Stockholders' Equity

SNGPL
Profit After Tax
Div: Total Stockholder Equity
Return on Stockholders' Equity

2009
930,536
16,147,516
0.057627

SSGC
2010
2,554,563
18,702,079
0.136592

2009
257,489
9,331,405
0.027594

2010
4,399,149
9,819,144
0.448018

Return on Stockholders'
Equity '10

Return on Stockholders'
Equity '09
0.5

0.1

SNGPL

SNGPL

0.05

SSGC

SSGC

0
2010

2009

Return on Stockholders' Equity

SSGC

2010
2009
SNGPL

0.05

0.1

0.15

0.2

0.25

0.3

0.35

0.4

0.45

0.5

Leverage Ratios

Debt-to-Assets Ratio
SNGPL
Total Debt
Div: Total Assets
Debt to Assets Ratio

2009
90,256,930
122,551,962
0.736479

SSGC

2010
101,017,079
138,421,937
0.729777

2009
90,870,406
100,554,000
0.961546

2010
96,687,277
110,759,695
0.872946

Debt-to-Assets Ratio'10

Debt-to-Assets Ratio'09
0.900

1.000

0.800

SNGPL

SNGPL

0.500

0.700

SSGC

SSGC

0.600

2010

2009

Debt-to-Assets Ratio
SSGC
2010
2009
SNGPL

0.200

0.400

0.600

0.800

1.000

1.200

Debt-to-Equity Ratio
SNGPL
2009
45,238,414
16,147,516
2.801571

Total Debt
Div: Total Stockholder Equity
Debt to Assets Ratio

SSGC

2010
49,168,255
18,702,079
2.629026

Debt-to-Equity Ratio '09

2.8

2.8

2.6

2.7

2010
22,076,105
9,819,144
2.248272

Debt-to-Equity Ratio '10

2.85
2.75

2009
25,464,499
9,331,405
2.728903

SNGPL

2.4

SNGPL

SSGC

2.2

SSGC

2.65

2010

2009

Debt-to-Equity Ratio
SSGC
2010
2009
SNGPL

0.5

1.5

2.5

Long Term Debt-to-Equity Ratio

SNGPL
Long Term Debt
Div: Total Stockholder Equity
Long Term Debt to Assets Ratio

2009
13,238,281
16,147,516
0.819834

SSGC

2010
16,150,464
18,702,079
0.863565

Long Term Debt-to-Equity

Ratio '09

2009
20,450,961
9,331,405
2.191627

2010
15,057,822
9,819,144
1.533517

Long Term Debt-to-Equity

Ratio '10

SNGPL

SSGC

SNGPL

SSGC

2009

2010

Long Term Debt-to-Equity Ratio

SSGC
2010
2009
SNGPL

0.5

1.5

2.5

Time Interest Earned (Coverage Ratio)

SNGPL
Operating Income
Div: Interest
Operating Profit Margin

2009
5,358,727
552160
1.174970

SSGC
2010
9,145,373
4,560,734
2.005241

2009
3,910,328
4,181,967
0.935045

2010
3,789,522
6,829,477
0.554877

Time Interest Earned '10

Time Interest Earned '09

2

1.50

1.5

1.00

SNGPL

0.50

SNGPL

1
0.5

SSGC

SSGC

2010

2009

Time Interest Earned (Coverage Ratio)

SSGC
2010
2009
SNGPL

0.50

1.00

1.50

2.00

2.50

Day of Inventory
SNGPL
2009
355,290
450,164
0.789245063

Inventory
Div: Cost of Goods Sold 365
Days Of Inventory

SSGC

2010
270,845
427,443
0.63363935

Day of Inventory '09

2009
405,100
297,733
1.360615523

2010
438,910
287,386
1.52724678

Day of Inventory '10

2.0000

1.5000

1.5000
1.0000

SNGPL

0.5000

SSGC

1.0000

SNGPL

0.5000

SSGC

0.0000

0.0000

2010

2009

Day of Inventory
SSGC
2010
2009
SNGPL

0.0000

0.2000

0.4000

0.6000

0.8000

1.0000

1.2000

1.4000

1.6000

1.8000

Inventory Turnover
SNGPL
2009
164,309,992
355,290
462.4672577

Cost of Goods Sold

Div: Inventory
Inventory Turnover

SSGC

2010
156,016,865
270,845
576.0374568

2009
108,672,507
405,100
268.2609405

2010
104,896,047
438,910
238.9921556

Inventory Turnover '10

Inventory Turnover '09

600.0000

600.0000

400.0000

400.0000

SNGPL

SNGPL

200.0000

200.0000

SSGC

SSGC

0.0000

0.0000

2010

2009

Inventory Turnover
SSGC
2010
2009
SNGPL

0.0000

100.0000

200.0000

300.0000

400.0000

500.0000

600.0000

700.0000

Average Collection Period

SNGPL
Account Receivable
Average Daily Sale
Average Collection Period

2009
11,380,825
462,832
24.58951591

SSGC

2010
21,768,246
442,821
49.15806623

2009
22,970,129
296,304
77.52207877

2010
17,427,911
295,169
59.04378668

Average Collection Period '09

Average Collection Period '09

60.00

80.00
60.00

40.00

SNGPL

SNGPL

40.00

20.00

SSGC

20.00

SSGC

0.00

0.00

2010

2009

Average Collection Period

SSGC
2010
2009
SNGPL

0.00

10.00

20.00

30.00

40.00

50.00

60.00

70.00

80.00

90.00

SSGC
SNGPL
2009
3,109,667
(9,254,876)
2010
1,203,563
(10,380,042)

SSGC
2010
2009

SNGPL
0.278
0.431

0.080
0.256

2010
2009

SSGC
SNGPL
1.018063
0.830778
1.053686
0.824037

2010
2009

SNGPL
SSGC
0.0448
0.0399

0.0162
0.0340

SNGPL
SSGC
2009
0.027371
-0.004821
2010
0.034727
0.026367

SNGPL
SSGC
2010
0.056582
0.035174
2009
0.031721
0.036156

2010
2009

SNGPL
SSGC
0.015805
0.040832
0.005508
0.002381

SNGPL
SSGC
2010
0.018508
0.065308
2009
0.007704
0.014475

SNGPL
SSGC
2010
0.136592
0.448018
2009
0.057627
0.027594

SNGPL
2010
2009

SSGC
0.730
0.736

0.873
0.962

SNGPL
SSGC
2010
2.629026
2.248272
2009
2.801571
2.728903

SNGPL
SSGC
2010
0.863565
1.533517
2009
0.819834
2.191627

SNGPL
SSGC
2010
2.005241
0.554877
2009
1.17
0.94

SNGPL
2010
2009

SSGC
0.7892
0.6336

1.3606
1.5272

SNGPL
SSGC
2010
576.0375
238.9922
2009
462.4673
268.2609

SNGPL
2010
2009

SSGC
49.16
24.59

59.04
77.52