FMA's Financial Ratios Survey - What is it and what does it mean for you?
Each year, the Fabricators & Manufacturers Association, Intl.® (FMA), compiles together the Financial Ratios and Operational Benchmarking Survey.
The survey collects the financial and operational data used to determine a company’s financial health for their previous fiscal year. Paticipating companies contribute anonymously in the areas of liquidity, profitability, asset management, dept management, operational benchmarking, and value proposition and marketing effectiveness. The survey results offer comparisons based upon number of employees, sales volume, geographic region and plant square footage. This allows companies to compare themselves with companies sharing similar demographics, providing business owners and managers with valuable business performance data.
During this 90-minute complimentary, informational webinar, Steve Zerio, CFO at Majestic Industries and member of FMA’s Management Advisory Council, will explain the methodology behind the survey and the various metics used in the survey. He will also analyze the 2018 survey results, explaining the financial and operational trends that emerged and any corresponding outliers. This will prepare companies on completing the 2019 Financial Ratios Survey, which will be open for responses in early February.