Friday, November 17, 2006

RMA Business Ratios Database Renewed; 2006-2007 Now Available

The 2006-2007 Risk Management Association's (RMA) eStatement Studies financial ratio benchmarks are now available to clients of the Library and the Hawai`i Small Business Development Center Network. For the first time, users will receive a client comparison worksheet allowing clients to enter data for an instant side-by-side comparison to the RMA data. This will allow for a direct comparison to the industry standard!

Generally, Financial Ratio Benchmarks include: 1) 16 classic financial statement ratios, clearly defined; 2) common-size balance sheet and income statement information. Six balance sheet and income statement line items are presented in common-size format; 3) data arrayed by asset and sales size. Six different asset and sales size categories are presented to ensure a perfect match to your situation; and 4) more than 640 industries at the four-digit SIC level. It doesn’t get more precise than four digits. Also provided are the corresponding North American Industry Classification System (NAICS) codes.

A sample ratio is available upon request.

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