Planning Reference Guide

Fiscal Health Ratio Definitions

Tags:  FactPacks
Keywords:  fiscal measures, stewardship, cost effectiveness

Primary Reserve Ratio = (Expendable net position)/(Total expenses)

Key Question: Is there sufficient short-term reserve to quickly satisfy obligations?

Viability Ratio = (Expendable net position)/(Long-term debt obligations)

Key Question: Is there sufficient expendable net position to cover long-term debt?

Return on Net Position Ratio(Change in net position)/(Net position at beginning of fiscal year)

Key Question: Is the institution achieving positive economic return on its invested resources?

Net Operating Revenues Ratio(Net income (excl.  capital revenues))/(Total non-capital revenues)

Key Question: Is the institution operating within its available resources?

Composite Financial Index Ratio Weighted avg. of 4 other ratios

Key Question: What is the overall financial health of institution through aggregating 4 other ratios?