This illustrated glossary uses Visual Finance™ to provide a contextualized 'big picture' view of financial results. The examples feature data for the Round Number Company—a 'made-up company' with simplified figures. The Appendix presents an explanation of how to read Visual Finance as well as the financial statements and VF views for the Round Number Company.
Calculation: Current Assets less Cash less Current Liabilities.
Example: The Round Number CompanyCash = 20; Current Assets = 132; Current Liabilities = 36 non-Cash Net Working Capital = 132 - 20 - 36 = 76 |
The above is our generic explanations of common corporate financial terminology. Actual meanings can vary widely from company to company; in order to have the correct internal definition you need to ask your Finance Department, "What do you mean by that?"