She's been writing about personal finance since 2014, and her work has appeared in numerous publications online. Beyond banking, her expertise covers credit and debt, student loans, investing, home buying, insurance and small business. If you don’t normally write checks or don’t maintain a large balance in checking, this kind of account may be appealing. Discontinuation of … [Read more...]

By understanding the income and expense components of the statement, an investor can appreciate what makes a company profitable. While not present in all income statements, EBITDA stands for Earnings before Interest, Tax, Depreciation, and Amortization. It is calculated by subtracting SG&A expenses (excluding amortization and cash flow statement depreciation) from gross … [Read more...]

If a company’s interest coverage ratio is less than 3.0, it may not be able to pay its interest expense with its current operating income. The company may be forced to find other sources, such as retained earnings from prior years, to cover interest expenses. It does not bode well for the company’s ability to meet its financial obligations and continue in existence. A company's … [Read more...]

Since 1997, Maria Christensen has written about business, history, food, culture and travel for diverse publications. Christensen studied communications and accounting at the University of Washington, and history at Armstrong State University. The bookkeeper may also run a cash-flow statement and a statement of owner's equity, depending on the needs and structure of the … [Read more...]