Bruns, William J., Jr. "Introduction to Financial Ratios and Financial Statement Analysis." Harvard Business School Background Note 193-029, August 1992. (Revised September 2004.) ...

Financial ratios are widely used in financial analysis to determine how companies ... and the degree of combined leverage (DCL). Analyzing risk is useful for both bankers deciding whether to ...

Liquidity, financial leverage, and profitability ratios ... making liquidity ratios an integral part of the industry's analysis. Current Ratio = Current Assets ÷ Current Liabilities The current ...