Glossary

[A - C] | [D - F] | [G - I] | [J - O] | [P - R] | [S - Z]


S

Senior Debt Outstanding: Finance statistic. Total of Line of Credit, Current Maturities and Term Loan debt outstanding on a specific date.

Senior Interest Expense: Finance statistic. Interest Expense on Line of Credit, plus Interest Expense on Term Loan.

Subordinated Debt: Balance Sheet account. A long term liability (payable after twelve months from the Balance Sheet date) payable to a class of creditors whose rights are junior to some other class or classes of creditors of a business.


T

Taxes Payable: Balance Sheet account. A liability of a business for federal and state income taxes owed but not yet paid.

Term Loan: Balance Sheet account. A long term liability (payable after twelve months from the Balance Sheet date) payable to a class of creditors whose rights are senior to the providers of Subordinated Debt.

Total Asset Turnover: Finance statistic. Net Sales, divided Total Assets.

Total Assets: Balance Sheet Statistic. The total dollar cost of all tangible, intangible real and other property owned by a business. For the purpose of analyses contained on this site, the sum of Current Assets; Net Property, Plant and Equipment; Intangibles; Investments; and Other Assets.

Total Interest Expense: Finance statistic. Senior Interest Expense, plus Subordinated Debt Interest Expense.

Total Liabilities and Owners' Equity: Balance Sheet statistic. The amounts of Total Assets owed to creditors; and owned by owners of a business. For purposes of the analyses contained on this site, the sum of Current Liabilities; Total Long Term Liabilities; and Owners' Equity.

Total Liabilities as % of Total Assets: Finance term. Total Liabilities, divided by Total Assets.

Total Long Term Liabilities: Balance Sheet statistic. Liabilities that are expected to be paid beyond one year. For purposes of the analyses contained on this site, the sum of Term Loan; Subordinated Debt; Other Long Term Obligations; and Other Liabilities.

Treasury Stock: Balance Sheet account. The dollar cost of Common Stock of a business which has been purchased, by the business, from its owners.


Y

Year-to-Year Change in Net Sales: Finance statistic. Current year's Net Sales minus prior year's Net Sales, divided by prior year's Net Sales.