Financial performance is a measure of a company's financial health, typically measured by analyzing its financial statements, such as its income statement, balance sheet, and cash flow statement. It is used to assess a company's financial health, compare it to other companies in the same industry, and make decisions about investing in a company. It is also used by companies to assess the effectiveness of their strategies and to set goals.
Current assets, encompassing cash, accounts receivable, inventory, and prepaid expenses, are vital short-term resources that enable a company to meet its immediate obligations and maintain liquidity, reflecting the financial agility and operational readiness of the business.
Supercharge your month-end close
Oops! Something went wrong while submitting the form.