What are the Key Components of a Financial Dashboard?
A well-designed financial dashboard typically includes the following components:
Revenue Metrics: Information on total revenue, revenue growth, and revenue by product or service line. Expense Metrics: Data on total expenses, expense trends, and expense categories. Profitability Metrics: Insights into gross profit, net profit, and profit margins. Cash Flow Metrics: Information on cash inflows, outflows, and net cash flow. Liquidity Metrics: Metrics like current ratio, quick ratio, and working capital. Budget vs. Actual: Comparison of budgeted figures against actual performance.