Financial ratios are like a thermometer for various aspects of your business's health. By keeping an eye on these numbers, you can act quickly to mitigate potential risks and look into relevant elements of your books to make data-backed decisions that help drive up profitability.
This calculator is designed to show you 10 different financial ratios. Financial ratios are used as indicators that allow you to zero in on areas of your business that may need attention such as solvency, liquidity, operational efficiency and profitability.
Every business needs to properly manage the flow of money through its organization and daily management of this process is essential. To gain insight into this flow of funds, you’ve got to have a fast method to break down a cash flow statement thoroughly.
Should you lease or buy when faced with purchasing new equipment for your farm or small business? The two most common options are borrowing funds to buy the equipment or leasing equipment from the supplier or through a third party.