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.

Maui TechOhana December 6th

On behalf of our SBDC Maui Center collegues, interested high technology companies are encouraged to join and attend the Maui TechOhana's next luncheon meeting, December 6th, at the Dune at Maui Lani, 11:30 am - 1:30 pm. Register.