Three Ratios ODs Should Know From Their Balance Sheet episode artwork

EPISODE · Feb 17, 2020 · 18 MIN

Three Ratios ODs Should Know From Their Balance Sheet

from 20/20 MONEY: The Business of Optometry · host Adam Cmejla

In this episode of 20/20 Money, I talk about three important ratios that optometrists should understand using their balance sheet. There are three big financial statements that practices should always be analyzing, and I feel that the balance sheet is the one that gets the least love from ODs. During the conversation, I talk about how to calculate your quick ratio, your current ratio, and your debt service to outstanding debt ratio and what range each of those should be within your practice. ————————————————————————————— Please rate and subscribe to 20/20 Money on these platforms Apple Podcasts Spotify Google Play Stitcher  ————————————————————————————— For past episodes of 20/20 Money with full companion show notes, please check out our episode archive here!

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