Return On Average Equity (ROAE).

Return on average equity (ROAE) is a financial ratio that measures the profitability of a company in relation to the equity of its shareholders. The ratio is calculated by dividing the company’s net income by its average shareholder equity. ROAE is a good indicator of how well a company is using the funds that have … Read more

YTD: What It Means and How to Use It.

. How to Use Year to Date (YTD) What is the difference between current and YTD? The main difference between current and YTD is that current represents a snapshot of a company’s financials at a specific point in time, whereas YTD represents the financials for the entire year up to that point. Current assets are … Read more

Financial Power of Attorney.

A financial power of attorney is a legal document that gives someone else the authority to manage your finances on your behalf. This can include tasks like paying bills, managing bank accounts, and investing your money. A financial power of attorney can be a helpful tool if you become incapacitated and are unable to manage … Read more