What are common financial ratios and how do I use them?
Common financial ratios include liquidity ratios, profitability ratios, and leverage ratios. They help assess a company's performance.
Can you explain what liquidity ratios are?
Liquidity ratios measure a company's ability to meet short-term obligations. The current ratio and quick ratio are key examples.
What about profitability ratios?
Profitability ratios assess a company's ability to generate profit relative to its revenue, assets, or equity. Examples include the net profit margin and return on equity.
How do I calculate the current ratio?
The current ratio is calculated by dividing current assets by current liabilities. It shows the company's short-term financial health.
Get this answer and more from ChatGPT in Telegram, try it for free!
Get Started For FreePowered by advanced language models trained on billions of online words and conversations, MagicBuddy delivers friendly and helpful chat on demand.
Ask questions and get answers. Crack jokes and get laughs. Or even get writing ideas and study help. MagicBuddy's conversational intelligence allows for a truly unique and useful chat experience.
Curious? Try these prompts:
MagicBuddy is incredibly easy to use and the responses are lightning fast! 🥇
Impressive! MagicBuddy is my go-to AI assistant. It’s quick, accurate, and user-friendly.
Sending voice messages makes it easier to use in the middle of the day and the answers are super fast.
Love it! A friend of mine told me about it and it has made my life so much easier. It’s like having a helpful friend in my pocket!
I use 2 months already, simply amazing! MagicBuddy delivers answers in a snap. It’s a must-have tool for staying informed!
Game-changer! MagicBuddy’s speed and accuracy are unmatched. It’s my secret weapon for productivity
Say Hello to Your New Telegram BFF - Try MagicBuddy Free!
Get Started For Free