Formulas Flashcards
After-tax
AT=BT%*(1-T)
Total Margin
Net income/ total revenue
Cash Flow
Net income + Depreciation (non cash expenses)
Assets
assets= liabilities+equity
Total Debt
Total Current Liabilities+Long Term Debt
Debt Ratio
Total Debt/Total Assets
Net working capital
current assets-current liabilities
Days of Cash On hand
(Cash+ marketable securities) / (cash expenses/ 365)
Return on Assets
Net income/ Total assets
Return on Equity
Net income/ Total equity
Current ratio
Current assets/ Current liabilities
Earnings before interest and taxes
Net income + interest expense + taxes
Times interest earned (TIE)
EBIT/ Interest expense
Debt to equity ratio
Total liabilities / shareholders’ equity
Total assets turnover ratio
Total revenue / total assets
Total Costs
Fixed costs + total variable costs
Profit
Revenues - total costs
Break even Point
Total revenues - total variable costs - fixed costs - overhead allocation = 0
Allocation rate
Dollars in cost pool / total vol. of cost driver
Net income
Net income = total revenue - total cost
Total cost
Total cost = total variable cost + total fixed costs
Profit Variance
Actual profit - Static profit
Revenue variance
Actual revenues - static revenues
Cost variance
Static costs - actual costs
Volume variance (revenue)
Flexible revenues - static revenues
Price variance
Actual revenues - flexible revenues
Volume variance (costs)
Static costs - flexible costs
Management variance
Flexible costs - actual costs
Fixed assets turnover ratio
Total revenue / net fixed assets
Occupancy percentage
To patient days / (number of staffed beds *365)
Net price revenue discharge
Net income revenue / total discharges
Variable cost rate
Total variable costs / volume
Fixed costs
Contribution margin * volume
of FTEs
Hours worked per year / 2080
