Description
This financial statements template has every formula for all 19 financial ratios pre-recorded into the excel template.
1. “Notes” sheet
Firstly, you will be welcomed with a “Notes” sheet that shares how you are able to fully utilize this template.
2. Financial Details
Secondly comes the 3 sheets that will require you to fill in your own financial details.
These are the corresponding sheets you will see:
- Balance sheet
- Statement of cash flows
- Additional Details
3. Financial Ratio Analysis
The sheet (titled “Financial Ratios”) will automatically generate your personal financial ratios for you.
Why should you get this template?
Assessing your financial health with these 19 financial ratios will give you a deeper understanding of where you stand. Moreover, it helps you determine how far along are you towards achieving your financial goals.
In other words, this is an important tool for everyone with a financial goal. You could be:
- Planning for retirement
- Looking to buy a house and want to determine a suitable budget/how much you can afford
- Trying to pay off your loan, etc.
This template will also equip you with the knowledge to plan for potential financial emergencies and prepare you before hand.
Additional Resources to help you along
To find out more about what each financial ratio means and how your financial health fares, head over to our article titled “19 Financial Ratios for better wealth management”.
There, we debunk what each ratio tells you about your financial situation, and provide some recommendations on what you can do to improve them.
If you require any assistance with downloading the financial statements template, feel free to drop us an email, and we will get in touch with you shortly after we have confirmed your order.
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