fbpx

145 Front Street East, Suite 107, Toronto, Ontario, M5A 1E1

Call Us Toll Free 1-855-683-4381 Fax 1-855-683-4380

Our Profitability Ratio | Part 3

Our Profitability Ratio | Part 3

Part 3 of 3-Part Series Since there are many profitability ratios, they target many different areas of the business and the more insight you have, the better you can run the company. The ratios will show which parts of the business are not running financially efficient and need work. Financial statements are the basis of any business management, but they…

Our Profitability Ratio | Part 1

Our Profitability Ratio | Part 1

Part 1 of 3-Part Series Since the beginning of this year, we’ve focused on a number of ratio’s which are important when managing wealth. These ratio’s take the multitude of numbers and put them into easy-to-understand ratio’s which give a snapshot the state of wealth affairs. Every one of these ratio’s has been a personal wealth ratio because managing personal…

Our Savings Ratio | Part 1

Our Savings Ratio | Part 1

Part 1 of 3-Part Series And so, we come to perhaps the most discussed topic in personal finance and maybe finance overall, saving! We’ll explore the savings ratio which is included in our list of vital personal wealth ratios, but we’ll also explore why some save more than others. It seems like a straightforward topic, but there are a lot…

Our Liquidity Ratio | Part 2

Our Liquidity Ratio | Part 2

Part 2 of 2-Part Series The higher the LR, the more liquidity you have, and it is easily calculated as well as managed. While it might not be easy to increase your liquid assets, managing your personal spending can increase your LR you are not liquid enough. That isn’t to say this ratio is used to determine whether your lifestyle…

Our Liquidity Ratio | Part 1

Our Liquidity Ratio | Part 1

Part 1 of 2-Part Series The next ratio in the list of important financial metrics we use is what is known as the liquidity ratio. Like the equity ratio, the liquidity ratio (LR) is more often found in business when determining their financial positions. What it measures is the companies’ ability to pay off its debts without raising outside money,…

Our Equity Ratio | Part 2

Our Equity Ratio | Part 2

Our Equity Ratio Part 2 of 2-Part Series I know, you’re probably now wondering what is the difference between equity investments and fixed income investments and you should be! A fixed income investment means you receive interest or dividend payments at regular set intervals of time until the stipulated date known as the maturity date. When you reach this date,…

Our Equity Ratio | Part 1

Our Equity Ratio | Part 1

Our Equity Ratio Part 1 of 2-Part Series Here at Kismet, we treat wealth management a little differently from others. We believe that managing your wealth involves more than your stock portfolio and should account for all aspects of your life. Your financial life operates much like a business. There are many moving parts which are independent of each other,…