Examples of Cash on Hand in a sentence
Low Acceptable Moderate High Significant Ratio is greater than (>) 1.5 Ratio is between 1.35 – 1.5 Ratio is between 1.2 – 1.35 Ratio is between 1.0 – 1.2 Ratio is less than (<) 1.0 Unrestricted Days of Cash on Hand Unrestricted Days Cash = Days Cash ÷ [(Total Expenses – Depreciation Expense) ÷ 365] The unrestricted days of cash on hand provides the number of days a school can pay its current expenses without another inflow of cash.
Monthly Measures Measure Metric Area of Concern Days Cash on Hand Total cash divided by (total budgeted expenditures – depreciation)/365 Less than 20 days Current Ratio Current assets divided by current liabilities Less than 1.0 Enrollment Actual FTEs divided by budgeted FTEs Below 90% Quarterly Goal Review how schools are progressing during the school year against their budget and financial goals and provide schools with targeted feedback.
Monthly Measures Measure Metric Area of Concern Days Cash on Hand Total cash divided by (total budgeted expenditures - depreciation)/365 Less than 20 days Current Ratio Current assets divided by current liabilities Less than 1.0 Enrollment Actual FTEs divided by budgeted FTEs Below 90% Quarterly Goal Review how schools are progressing during the school year against their budget and financial goals and provide schools with targeted feedback.