Percentage financial statement(redirected from Percentage Financial Statements)
Percentage financial statement
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Percentage Financial Statement
A financial statement in which items are represented as percentages of the whole rather than as dollar amounts. A percentage financial statement can be useful because it allows a current or potential investor to investigate the underlying structure of a company rather than raw numbers. That is, if a company has $30 million in debt, this does not necessarily tell the investor too much. However, if that $30 million is 70% of the company's book value, the investor knows that the company is likely high risk.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved