angirusya Staff asked 3 years ago What kind of key performance indicators should be used to monitor financial performance?
Shushant mallik Staff answered 3 years ago To review the Key performance indicators that can be used to monitor financial performance are as follow:
Current ratio should be above 1;
Debt equity ratio should be in the form of 2:1
Key management person of the company should not be changed;
Corporate governance should be expedite;
Substantial growth in revenue of the company;
Cash conversion cycle should be less than 7 days;
Debtors days should be reduced to 7 days;
Annual returns should be filled on time;
No delay in repayment of statutory compliance
JanetGee Staff answered 1 week ago Financial KPIs (key performance indicators) are metrics organizations use to track, measure, and analyze the financial health of the company. These financial KPIs fall under a variety of categories, including profitability, liquidity, solvency, efficiency, and valuation.
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