Is the clock ticking for any of your major customers or suppliers?You can run quick and easy checks on the solvency of companies you rely on to deliver services to you and to buy from you using this Excel Solvency workbook.



Business Solvency:



Our Business Solvency workbook employs all the multivariate analysis equations published by Edward Altman.

Altman is the Max L.Heine Professor of Finance at the Stern School of Business, New York University.



In the workbook supplied you can simply enter two comparative sets of financial data for any company (including your own).The Altman Z scores are readily computed using the multivariate formulas provided by Professor Altman.



Bonus Addition.



Financial Ratios with Excel



Windex 2008 calculates all major financial ratios in Excel.



Calculates these financial ratios from balance sheet, income statement and cash flow templates provided:



Rate of Return on Assets (ROA)



Rate of Return on Common Equity (ROE)



Return on Capital (ROIC)



Common Earnings Leverage



Cash Flow from Operations/Total Cash Flow Ratio



Cash Flow from Investments/Total Cash Flow Ratio



Cash Flow from Financing/Total Cash Flow Ratio



Operating Cash Flow/Current Liabilities Ratio



Operating Cash Flow/Total Liabilities



Operating Cash Flow/Capital Expenditures



Working Capital/Current Liabilities Ratio



Working Capital/Long Term Liabilities Ratio



Working Capital/Total Debt Ratio



Working Capital/Current Assets Ratio



Working Capital/Total Assets Ratio



Income Tax Expense/Revenues Ratio



Total Assets Turnover Ratio



Fixed Assets Turnover



Current Ratio



Acid Test (See note for Quick Ratio)



Accounts Payables Turnover



Days Accounts Payables outstanding



Accounts Receivable Turnover Ratio



Days Receivables Outstanding Ratio



Inventory Turnover



Days Inventory Outstanding



Total Debt to Equity Ratio



Total Debt Coverage ratio



Long Term Debt Ratio



Long Term Debt to Total Assets



Long Term Debt to Shareholder Equity



Total Liabilities/Total Assets



Interest Coverage Ratio



Zip file download or select CD edition shipping.