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Financial Ratio Calculator

Calculate key financial ratios including liquidity, profitability, and leverage ratios for business analysis.

Financial Ratios

Financial ratios are standardized metrics used to evaluate a company’s performance, financial health, and value. Investors, lenders, and managers use them to make informed decisions.

Key ratio categories:

Liquidity Ratios — measure ability to pay short-term obligations:

  • Current Ratio = Current Assets / Current Liabilities (healthy: >1.5)
  • Quick Ratio = (Current Assets - Inventory) / Current Liabilities (healthy: >1.0)

Profitability Ratios — measure ability to generate profit:

  • Gross Margin = (Revenue - COGS) / Revenue × 100%
  • Net Profit Margin = Net Income / Revenue × 100%
  • Return on Assets (ROA) = Net Income / Total Assets × 100%
  • Return on Equity (ROE) = Net Income / Shareholders' Equity × 100%

Leverage Ratios — measure reliance on debt:

  • Debt-to-Equity = Total Debt / Shareholders' Equity
  • Debt-to-Assets = Total Debt / Total Assets

When to use this calculator:

  • Analyzing a company for investment
  • Preparing financial reports or business plans
  • Comparing companies within the same industry
  • Monitoring business health over time
  • Loan applications and credit analysis

Practical example: A company with $500,000 in current assets and $300,000 in current liabilities has a current ratio of 1.67, indicating good short-term financial health. If inventory is $100,000, the quick ratio is 1.33.

Industry benchmarks:

Ratio Good Warning Critical
Current Ratio >2.0 1.0–2.0 <1.0
Quick Ratio >1.0 0.5–1.0 <0.5
Gross Margin >40% 20–40% <20%
Net Margin >10% 5–10% <5%
ROE >15% 10–15% <10%
Debt/Equity <1.0 1.0–2.0 >2.0

Tips:

  • Always compare ratios to industry averages — what is healthy varies by sector.
  • Look at trends over multiple periods rather than a single snapshot.
  • Ratios are most useful when comparing similar companies.

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