What’s new with ABSS Premier v21

• Introduction to Customer Accounting (which is explain in our previous blog)
• New Report – Financial Analysis

There are three types of analysis provided in this report:

a) Liquidity Ratios

Cash Ratio
A liquidity ratio – measures a company’s ability to pay off its current liabilities with only cash and cash equivalents.

Current Ratio
A liquidity and efficiency ratio – measures a company’s ability to pay off its short-term liabilities with its current assets.

Gearing Ratio
A performance ratio – shows the proportion of finance provided by debt relative to the finance provided by equity.

b) Performance Ratios

Interest Coverage
A performance ratio – measure the company’s ability to meet its interest payments.

Return On Capital Employed % (ROCE)
A profitability ratio – measures the returns that a company is achieving from the capital employed.

c) Profitability Ratios

Return On Sales %
A profitability ratio – calculates how efficiently a company is at generating profits from its revenue.

Gross Profit Margin %
A profitability ratio – measure how efficiently a company uses its cost of goods sold to produce and sell products profitably.

To read details on what’s new in ABSS Premier, click on the link here.