SYSTEM AND METHOD FOR GENERATING DESCRIPTIVE MEASURES THAT ASSESSES THE FINANCIAL HEALTH OF A BUSINESS
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United States of America Patent
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Issued Date -
Dec 10, 2015
app pub date -
Jun 9, 2015
filing date -
Jun 9, 2014
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Abstract
A system and a method for generating indicators of the financial health of a business provides data in a number of cases, including a situation where financial statement are publically available, and those where they are not publically available. Data records are analyzed in accordance with a first set of steps if publically available financial statements of the business are available; and in accordance with a second set of steps if publically available financial statements of the business are not available. When financial statements are not publically available, certain proxies provide data concerning a business. A computer readable non-transitory storage medium stores instructions of a computer program, which when executed by a computer system, results in performance of steps of the method. A method for developing a scorecard for data indicative of the financial health of a business is also disclosed.
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