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SOFP

It stands for statement of financial position; previously known as balance sheet, it is a detailed projection of the assets,...

Financial Position

Generally speaking, it is the amount of (or amount of exposure to) of a security, commodity, investment, or currency that...

FFC Ratio

It stands for funds flow coverage ratio; a liquidity and solvency ratio that relates earnings before interest, taxes, depreciation and...

Funds Flow Coverage Ratio

A liquidity and solvency ratio that relates earnings before interest, taxes, depreciation and amortization (EBITDA) to unavoidable expenditures like interest,...

Financial Ratio

A comparative measure that relates one or more financial statement item(s) to one or more financial statement item(s). A financial...

Elements Relating To Financial Position

The elements relating to the financial position of an entity/ business are the main element headings that make up the...