To assist with managing your business it can be helpful to have a snapshot of activity to pinpoint areas that need extra attention. The management dashboard is used as a summary of the key points that managment and the board of directors can use as a guide for decision making.
The following template can be used to help in preparing a monthly dashboard. For assistance with customizing your dashboard please contact your Kiesling representative.
Managment Dashboard Template
Current Ratio: Current Assets over Current Liablities. This is an indicator of your ability to meet cashflow demands for the next 12 months.
EBIDA: Earnings Before Interest Expense, Depreciation, and Amortization
DSC: Debt Service Coverage Ratio. EBIDA over interest expense plus the current portion of long-term debt. This is an indicator of the ability to make your debt service obligation and a common loan compliance statistic. A common threshold would not be less than 1.50.
TIER: Net Income plus income tax expense plus interest expense over interest expense. This is an indicator of the ability to make your debt service obligation and a common loan compliance statistic. A common threshold would not be less than 1.25.
EBITDA: Earnings before interest expense, income taxes, depreciation, and amortization. This is an indicator of cashflow available.
Kiesling is pleased to provide a template to get you on the way towards development of a "Management Dashboard" for your company. For additional information, contact Todd Thorson at firstname.lastname@example.org, 515-223-0159 or your Kiesling representative.