As we have seen that in assessing the health of a company is not independent of its financial reports and analyzes the existing ratio in such financial statements, as well as the financial health of the family also require analysis of the financial statements of the respective families.
Financial Statements Analysis
Financial Statements Analysis
Previously we have spoken about the financial statements of income and cash flows of the family finances, now we'll talk specifically about the family's finances. Actually, what tuh Financial balance family and what information can you conclude through the analysis of this report.
Just as the balance sheets of financial firms, we also divide it into Assets on the left side, and side Liabilty, and Net Worth on the right. You can divide the assets into three parts, namely Liquid assets (ie funds that you can use at any time as there is in cash, demand deposits and savings), Personal Assets (ie assets that generally are not productive and only used for private purposes such as private cars, home furnishings, jewelry for personal, Electronics, etc.) and the last Asset Investments (ie assets that generate returns, or its value tends to increase from time to time, so its not productive and consumptive purposes such as deposits, mutual funds, bonds, stocks) . While the Liability side can be divided into two ie Short-Term Debt (which will fall due within one year) and Long-Term Debt (remaining debt will mature in the first year). While the Net Worth or net worth staying between total assets by subtracting the total such liability. Well just like the analysis of financial statements in general, that the Net Worth, this must always be maintained because it shows the net wealth of a family, you are rich or not visible from the value of this net worth. The ability to manage finances by always doing the family finances traffic analysis to study spending patterns can result in the ability to control family finances that can result in a net cash flow each month from time to time. Net Cash flow is what will add the Net Worth or your net worth. So do not be extravagant, man and Non ... so that your wealth continues to grow. Try to imagine if every month the value of your deposits and mutual fund increases, a relatively small big yah yah, but it's important that you are committed to your family until the goal is reached. While for a detailed analysis of family financial health position required ratio-ratio analysis such as analysis of the liquidity ratio, debt ratio, debt service ratio, saving to income ratio, solvency ratio. Through this analysis, ratio-ratio we can determine the position of financial health so we know what the strategy should be improved and what should be done. This analysis will help us in setting family financial goals.
The strategy is directed to you as much as possible to have a productive asset, or some people call it an investment asset, there is an asset called good, others call it a positive asset that is an asset that can give you extra cash flow, and completing the additional investment (reinvestment) with fixed maintain your liquidity position and keep your debt position, so you still get additional net cash flow or economic value added to the management of your debt. Well may-be owes no debt to the origin aja consumptive purposes, such as credit card debt to buy electronics or a longer ngetrend hp. Berhutanglah with rational economic benefits created by looking at you, well if owed to a business or to buy the leased property-rentals okay okay well just have to count aja, you make money or loose money. If there was additional value or benefit in the long term to produce a return that provides economic value added (net additional cash flow) seteleh offset the debt costs, then you have been indebted to the rational. Do not let what happens is you owe it to the opposite ie consumptive purposes to the extent your net worth is less than your debt, I'm sure your net worth will soon be eroded over time that eventually you can go bankrupt. Now it needs a rational way of thinking, well do not need is a luxury European car if it had not in his capacity, is not more rational if we choose a Japanese car was a smaller CC. Well, aspires to have a luxury car should be aja-mate, but think about what all needs and financial planning priorities for your family has been fulfilled or not. Only by acting wisely, can help you help yourself reach your final destination the family finances.
Remember Mensana Incorporisano sentence that is within the Healthy Body Healthy Soul there is also, well in that regard until we do not maintain the financial health of our families, if not keep in good health until this one, be careful lo any one day her soul was also disrupted, try aja you see husband and wife who are fighting just because of financial problems that are not healthy. Hmm but she said Love is everything Love ... Can you beat this one issue. Well it back to your own.
Tags: family financial statement analysis, financial ratio analysis, investment assets, liquid assets, personal assets, economic value added, managing family finances, family financial balance sheet, net cash flow, net worth of families
Financial Statements Analysis
Financial Statements Analysis
Previously we have spoken about the financial statements of income and cash flows of the family finances, now we'll talk specifically about the family's finances. Actually, what tuh Financial balance family and what information can you conclude through the analysis of this report.
Just as the balance sheets of financial firms, we also divide it into Assets on the left side, and side Liabilty, and Net Worth on the right. You can divide the assets into three parts, namely Liquid assets (ie funds that you can use at any time as there is in cash, demand deposits and savings), Personal Assets (ie assets that generally are not productive and only used for private purposes such as private cars, home furnishings, jewelry for personal, Electronics, etc.) and the last Asset Investments (ie assets that generate returns, or its value tends to increase from time to time, so its not productive and consumptive purposes such as deposits, mutual funds, bonds, stocks) . While the Liability side can be divided into two ie Short-Term Debt (which will fall due within one year) and Long-Term Debt (remaining debt will mature in the first year). While the Net Worth or net worth staying between total assets by subtracting the total such liability. Well just like the analysis of financial statements in general, that the Net Worth, this must always be maintained because it shows the net wealth of a family, you are rich or not visible from the value of this net worth. The ability to manage finances by always doing the family finances traffic analysis to study spending patterns can result in the ability to control family finances that can result in a net cash flow each month from time to time. Net Cash flow is what will add the Net Worth or your net worth. So do not be extravagant, man and Non ... so that your wealth continues to grow. Try to imagine if every month the value of your deposits and mutual fund increases, a relatively small big yah yah, but it's important that you are committed to your family until the goal is reached. While for a detailed analysis of family financial health position required ratio-ratio analysis such as analysis of the liquidity ratio, debt ratio, debt service ratio, saving to income ratio, solvency ratio. Through this analysis, ratio-ratio we can determine the position of financial health so we know what the strategy should be improved and what should be done. This analysis will help us in setting family financial goals.
Tags: family financial statement analysis, financial ratio analysis, investment assets, liquid assets, personal assets, economic value added, managing family finances, family financial balance sheet, net cash flow, net worth of families
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