Impressive Financial Condition Ratio

Financial ratios provide snapshots of financial activity and results of operations.

Financial condition ratio. Appendix A includes some ratios and measures that OSC believes are helpful in analyzing such issues as fund balance cash position reserve levels or fixed costs. During the whole of the reviewed period the debt ratio kept a normal value. And to determine whether its debt load is reasonable they examine the proportion of its debt to its equity.

Financial position ratios are used to evaluate the current and past financial condition of a school district in terms of the nature of its debts and obligations and the resources available to repay them. These relationships between the financial statement accounts help investors creditors and internal company management understand how well a business is performing and of areas needing improvement. Section 11457f Florida Statutes.

Long-term liability ratios including. FASS Financial Condition Sub-Indicators 7 Quick Ratio QR Measures liquidity Similar to Current Ratio Maximum 12 points Months Expendable Net Assets Ratio MENAR Measures adequacy of reserves Similar to Months Expendable Fund Balance MEFB Ratio Maximum 11 points Debt Service Coverage Ratio DSCR Measures capacity to cover debt New ratio. They are produced by.

Sections 1145 and 21839 Florida Statutes. The debt ratio describes Goldstars financial condition as a good one on the last day of the period analysed the percentage of liabilities is 502 while a maximum acceptable percentage is deemed to be 60. Key ratios are the primary financial ratios used to illustrate and summarize the current financial condition of a company.

A higher current ratio is a good sign of. Financial condition refers to financial solvency -the ability of government to meet its financial and service obligations Hendrick 2004 80. Evaluating past performance such as managements ability to manage the company Assessing current financial flexibility to support future growth including in terms of capital structure and leverage levels.

They assess its ability to pay its current bills. Financial condition refers to a governments ability to meet its financial obligations to creditors and others as they become due as well as its service obligations to constituents currently and in the future ie solvency Economic condition is a term GASB uses to capture a composite of the governments financial health and its ability. Current ratio -- Its current assets divided by current liabilities and is a good measurement of how well-covered your short-term liabilities are.