This video shows you how to locate the company and competitor financial ratios using the Mergent Online database.
This document shows you how to locate the industry ratios in S&P NetAdvantage:
There are several reference books that will further assist your research of company ratios using industry benchmark data:
You need to locate three financial ratios for your company, for one competitor and for the industry as a whole. You need to find the Current Ratio, the Total Debt to Equity and the Return on Assets.
What do these ratios tell you about the company's finances? Are they doing better or worse than their competitors or their industry?
First Research calculates the Industry Ratios differently than Mergent Online. They calculate the PRE-TAX Return on Assets and Total Debt to NET Equity (should be Total Equity). So you wouldn't be comparing apples to apples so to speak.
We recommend using the S&P NetAdvantage database instead to find Industry Ratios. There is a PDF called "Industry Ratios in S&P NetAdvantage" in the left column of this page that provides step-by-step screenshots on how to locate the ratios in that database.