Financial Statement Analysis

griot shoegaze, accordion 16-bit · 4:02

Listen on 93

Lyrics

[Verse 1]
When balance sheets and income statements flood your desk at night
Current ratio tells the tale of short-term payment might
Divide those current assets by the liabilities due
If it's less than one-point-five, cash troubles may ensue

[Chorus]
Liquidity, solvency, profitability's key
Quick and current ratios set your short-term free
Debt-to-equity measures leverage in your hand
ROE times ROA shows how well you understand
Margin times turnover times the leverage game
DuPont breaks it down, nothing stays the same

[Verse 2]
Quick ratio strips inventory from the current test
Acid test reveals which assets truly serve you best
Interest coverage ratio takes your EBIT score
Divide by interest expense, see if you can pay for more

[Chorus]
Liquidity, solvency, profitability's key
Quick and current ratios set your short-term free
Debt-to-equity measures leverage in your hand
ROE times ROA shows how well you understand
Margin times turnover times the leverage game
DuPont breaks it down, nothing stays the same

[Verse 3]
Receivables turnover shows collection velocity
Inventory turnover reveals efficiency
Asset turnover multiplied by margin yield
ROA emerges from this mathematical field

[Bridge]
Common-size statements show percentages aligned
Trend analysis tracks patterns over time
Free cash flow subtracts capital expense
Quality of earnings makes the difference immense

[Chorus]
Liquidity, solvency, profitability's key
Quick and current ratios set your short-term free
Debt-to-equity measures leverage in your hand
ROE times ROA shows how well you understand
Margin times turnover times the leverage game
DuPont breaks it down, nothing stays the same

[Outro]
Gross margin, net margin tell profitability's story
Financial statement analysis reveals corporate glory

← Foreign Affiliate Rules Overview | Liquidity Ratios: Current and Quick Ratios →