In
school, one could make out how a student was performing in studies on
the basis of grades. In the corporate world, your performance can be
assessed by your promotions, salary rise among other things. Basic
Health indicators are sugar level, pulse rate, blood pressure. How do
you know whether you are doing well in your finances? You might be
getting a good salary and leading a comfortable life. But does that mean
you are financially fit. The price to earning ratio (PE)
and dividend yield of a company are used to evaluate valuation of
company. Similarly there are some ratios that can be used to assess your
financial health - - See more at:
http://www.tflguide.com/2014/08/assess-your-financial-health-with-these-ratios.html#sthash.k8MqQ4JS.dpuf
In school, one could make out how a student was performing in studies on the basis of grades. In the corporate world, your performance can be assessed by your promotions, salary rise among other things. Basic Health indicators are sugar level, pulse rate, blood pressure. How do you know whether you are doing well in your finances? You might be getting a good salary and leading a comfortable life. But does that mean you are financially fit. The price to earning ratio (PE) and dividend yield of a company are used to evaluate valuation of company. Similarly there are some ratios that can be used to assess your financial health -
- See more at: http://www.tflguide.com/2014/08/assess-your-financial-health-with-these-ratios.html#sthash.k8MqQ4JS.dpuf
Article by Hemant Beniwal
