Global Journal of Management and Business Research, A: Administration and Management, Volume 22 Issue 8

(Finishedprod. inventories) - 1.648 Total characteristic costs 14.815 Operating incomegenerated by characteristicoperations 3.585 Interestincome 200 Dividends 100 Financial charges (1.728) Income taxes (1079) net profit 1.078 Patrimonial Budget: Assets Liabilities and equity Cash 50 banks 9.959 inventories 31/12 1.648 Suppliers 1.651 Short-term customers 3.680 Short-termdebt 100 Speculative securities 14.000 Short-termportion of loan 100 Tax payables 1.079 Total short-term assets 19.378 Total short-term liabilities 12.889 Buildings 11.000 Plant 13.000 Loan 12.385 (depreciation fund) (8.530) Long-term liability for severancepay 460 Controllinginterests 1.000 Total long-term liabilities 12.845 Total long-term assets 16.470 Assets Share capital 8.221 Revaluationreserve 100 Profit for the year 1.078 Profit reserves 715 Equity 10.114 Net Assets 35.848 Total 35.848 From the above data, we can determine the following ratios: Current ratio: current assets/short-term liabilities = 19,378/12,889 = 1.50 Debt ratio: invested capital/equity = 35,848/10,114 = 3.54 ROE: operating income/shareholders' equity = 1,078/10,114 = 10.65%. ROI: operating income from ordinary operations/capital invested in characteristics operations = 3,585/20,848 = 17.19% Based on the indices mentioned above, one could erroneously assume the existence of an ideal prospective situation in terms of income and finance (naturally within the limit that the analysis of a single financial year can allow). Particularly exceptional values mark ROI and ROE, and the two ratios of availability and indebtedness show an extraordinarily stable and balanced financial situation, both short-term and overall. To express an opinion on creditworthiness, however, it is also necessary to analyse the cash flow statement to verify the balance between needs and recurring sources. Financial Reporting Destined to External Third Parties as a Tool for Analyzing Credit Worthiness: Usefulness and Limitations. The Italian Case Global Journal of Management and Business Research Volume XXII Issue VIII Version I Year 2022 ( ) A © 2022 Global Journals 100