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Refinancing Position

In general, a refinancing position constitutes a new financing position that is taken rolling over the funds that have reached...

Reinvestment Position

In general, a reinvestment position constitutes a new investment position that is taken re-using/ re-deploying the funds freed up from...

SGR

It stands for sustainable growth rate; the rate at which a company can organically expand without having to change its...

Scaled Unexpected Earnings

The ratio of unexpected earnings (or earnings surprise) to the standard deviation of analysts' earnings forecasts. This ratio is used...

Small-Firm Effect

A hypothesis which maintains that the stock of small-capitalization firms tends to outperform the stock of larger ones. This means...

Average Shareholders’ Equity

The mean average of a firm's outstanding shareholder's equity over a number of averaging periods (usually five-month periods): In general,...

Asset Recognition

An accounting convention whereby an item is recognized as an asset on the balance sheet when it meets two yardsticks:...

Approximate Q

An improved version of Q ratio (Tobin's Q) which relates the market value of a company plus the liquidating value...

Activity Ratio

A financial ratio that measures the speed with which various asset accounts are (or can be) converted into sales (accrual...

5 Cs

An expert system which analyzes five key factors affecting the credit decision (i.e., whether to extend credit/ lend or not)....