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University of Virginia's College at Wise

Chart (H) | Is institutional financial health a concern? (include components1)


Fiscal Health Ratios per Auditor of Public Accounts Higher Education Comparative Report, including component units1

Primary Reserve Ratio
Is there sufficient short-term reserve to quickly satisfy obligations?

Viability Ratio
Is there sufficient expendable net position to cover long-term debt?

Return on Net Position Ratio
Is the institution achieving positive economic return on its invested resources?

Net Operating Revenues Ratio
Is the institution operating within its available resources?

Composite Financial Index Ratio
What is the overall financial health of institution through aggregating 4 other ratios?



Benchmark
Ratio


List of Component Units (if any)
  • No applicable units
1. Component units are legally separate organizations for which the institutional leaders are financially accountable and are significant to institution finances
Note: Net operating revenues ratio has no fixed benchmark; however, institutions should attempt to achieve positive income before consideration of capital and other revenues
Source: Auditor of Public Accounts Dashboard of Fiscal Health Indicators for Higher Education Institutions