Ratio Numbers Benchmarking
Read on my website / Read time: 4 minutes All of us engaged in financial analysis have learned about ratio numbers—profitability, liquidity, solvency—from the very beginning. However, few truly know how to extract the maximum value from such analyses. To achieve this, it is essential to compare our ratios with those of competitors and generally accepted benchmarks. Additionally, performing comparisons over time and against plans or budgets is crucial. Only then do we have enough data to...