by Simplar | Jan 14, 2021 | Financial Management and Risk
Financial Risk Original RScore Research Indicators of Financial Distress
by Simplar | Jan 14, 2021 | Financial Management and Risk
DON’T SHOOT THE MESSENGER Subjects: finances, CFOs, accounting In our industry the accounting function is not given the status and significance it should have. In more than half of the construction failures I dealt with, the following scene played itself out over and...
by Simplar | Jan 14, 2021 | Financial Management and Risk
The Flash Report Last week I highlighted the critical day-to-day usefulness of liquidity ratios in alerting a CEO that he might be flirting with financial difficulty. Today I would like to back up and take a look at the bigger picture – the CFO’s critical role...
by Simplar | Jan 14, 2021 | Financial Management and Risk
Liquidity If I learned anything from ten years operating the world’s largest workout firm for sureties engaged in construction bonding, it’s that liquidity (or the lack thereof) is the most important predictive metric on a construction company’s balance sheet....
by Simplar | Jan 14, 2021 | Financial Management and Risk
The R-Score “Let’s Add Some Science To Our Business” Some years back my surety consulting firm tackled job after job completing failed construction projects for the bonding companies that were increasingly having to finish failed projects. As one assignment followed...
by Simplar | Jan 14, 2021 | Financial Management and Risk, Financial Management and Risk
Sources and Uses of Funds In our ongoing discussion of risk throughout 2018, the multiple risk factors identified boiled down to one core flaw that brought down the majority of failed contractors – a shortage of capital. For one reason or another, the failed...
