Financial Metrics and Characteristics

Min = (Profit * (2 + 2 * min(YoY revenue increase %, 25))) + (Total assets - Total liabilities), Max = (Profit * (8 + 2 * min(YoY revenue increase %, 25))) + (Total assets - Total liabilities)

YoY revenue increase >20%

YoY revenue increase >15% for 3 consecutive years

YoY increase in both assets and equity > 10% for 3+ years

Profit of >30% of revenue

Positive YoY profit change for 3+ consecutive years

Positive profit for 5+ consecutive years

(Profit / Equity) > 20%

YoY increase in (Gross profit / Revenue) > 2%

% increase in operating profit > % increase in revenue

YoY increase in (% change in operating profit / % change in revenue)

Cash on hand > 25% of total assets

Total liabilities < 50% of total assets

Operating cash flow > Net income

Operating cash flow - Capital expenditures > 0

YoY increase in (Operating cash flow / Revenue)

Operating cash flow / Total debt > 0.5

Current assets / current liabilities > 150%

YoY increase in (current assets / current liabilities)

Fixed assets < 15% of annual revenue

Total assets > 2 * annual revenue

PP&E > 50% of total assets

YoY employee count increase >15%

Revenue per employee > £250,000

Cost of sales / average inventory > 6

YoY revenue increase rate > YoY asset increase rate

YoY increase in (revenue / total assets) > 5%

Debtors > 20% of annual revenue

Increase in admin expenses outpaces revenue increase

Interest payable as % of revenue or operating profit > 25%

(Tax / Profit before tax) > 25%

Profit standard deviation > 30% of mean profit over 5 years

YoY profit decrease as % of revenue for minimum 2 years

YoY decrease in fixed assets

Current liabilities > 60% of total assets

Total liabilities > 70% of total assets

(Total profit - Operating profit) > 20% of Total profit

Depreciation charge / PP&E gross cost >15%

YoY increase in PP&E gross cost > 10%

(Tax on profit / Profit before tax) < 15%