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Financial Ratios: How You Are Judged
Flooring
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September 1, 1993
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COPYRIGHT 1993 Douglas Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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This column represents a joint educational effort between Flooring and the American Floorcovering Association (AFA). Based on the AFA Management Report, the information here is designed to provide insights into the profitability of the typical flooring store.
Financial ratios are the basic scores on which managers are judged by creditors and the suppliers of capital to the business, in other words, the investors. Managers may also be investors as sole proprietors, partners or stockholders, and should know which ratios to use in evaluating their investments. The ratios ...
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Accounts payable: Silver lining or dark cloud
Magazine article from: The Secured Lender
; Accounts payable (A/P) can serve as an excellent...mechanics Borrowers classify accounts payable in the current liabilities section of the balance sheet...limited to, the following: Accounts payable: The borrower has received...
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New current liabilities of $2 billion surface in interim report.
News Wire article from: Australasian Business Intelligence
; ...Australian structured finance group's current liabilities by $A2bn. The group's interim...in total debt was undisclosed as current liabilities. These are debts that need to be...months. In the annual report, current liabilities were stated as being $A200m. The...
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FASB mulls tightening of current liabilities definition.(Assurance: technical developments, professional issues and engagement changes)(Financial Accounting Standards Board)
Magazine article from: Accounting Today
; ...financial statement. The tightened definition avoids exceptional situations in which current liabilities can be considered non-current, and non-current liabilities can be considered current. While the tightening helps eliminate many such exceptions...
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First Majestic Silver Corp.: Settlement of Current Liabilities Closes.
News Wire article from: Marketwire Canada
; ...A0LHKJ) is pleased to announce that it has settled certain current liabilities amounting to $1,919,209 by the issuance of 834...prior one announced on August 20th, we have reduced our current liabilities by more than $2.7 million and have further strengthened...
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FindEx Announces 3rd Quarter Results and Highlights 31% Revenue Growth and 63% Decline in Current Liabilities.
Business Wire
; ...result of the equity financing, as of September 30, 2004, current liabilities decreased 63% (or $2,315,000) to approximately $1,333,000 versus current liabilities as at September 30, 2003 of approximately $3,648,000...
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Renaissance Agreement Terminated; Current Liabilities Converted to Restricted Stock.
PR Newswire
; ...controls one hundred percent of the U.S. rights to ETG (Electrotrichogenesis) and eliminates $225,000 of current liabilities," states CTC's CFO Robert Kramer. "We believe the potential value of ETG has been significantly enhanced...
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Peru: Volcan takes out loan to refinance current liabilities.
Newspaper article from: South American Business Information
; ...Nov 5, 2001 The Peruvian mining company Volcan took out a US$20mil loan from West LB in order to refinance current liabilities. Part of the credits was received by Volcan last October 31. The mining company will pay the loan through...
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Cedara Software Corp. announces further reduction of current liabilities to noteholders and completion of new credit facility.
PR Newswire
; ...of Cedara said "This additional settlement with the note holders results in a $1,350,000 reduction in the current liabilities of the Company, and a $1,000,000 increase in shareholders' equity." The Company also announced the completion...
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Cedara Software Corp. announces significant reduction of current liabilities to noteholders.
PR Newswire
; ...Chairman and CEO of Cedara said "The settlement with the note holders results in a $3.5 million reduction in the current liabilities of the Company, and an increase in shareholders' equity. The Company is in discussions with the remaining note...
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NEW YORK REGIONAL RAIL Settles 6.5% of Current Liabilities.
Business Wire
; ...taking steps to strengthen our balance sheet and financial stability." During the second quarter, we reduced current liabilities by over $1.1 million. We are continued to perform this task during the 3rd and 4th quarter." Ron Bridges...
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