CAIIB · ABM

Analysis of Financial Statements

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Advanced Bank Management — CAIIB.

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Q

What is the primary purpose of analysing financial statements in credit management?

A

The primary purpose is to assess the borrower's financial health, repayment capacity, and creditworthiness to support informed lending decisions.

Q

What is the formula for calculating the Current Ratio?

A

Current Assets divided by Current Liabilities.

Q

Which financial statement shows a company's financial position at a specific point in time?

A

The Balance Sheet (Statement of Financial Position) shows assets, liabilities, and equity as on a specific date.

Q

What does a Current Ratio of less than 1 indicate about a firm?

A

Firm cannot meet its short-term obligations from current assets.

Q

What does the Income Statement (Profit & Loss Account) reveal?

A

It reveals revenues, expenses, and net profit or loss over a given accounting period, indicating operational performance.

Q

What is the formula for the Debt Service Coverage Ratio (DSCR)?

A

Net Cash Accrual plus Interest divided by Repayment plus Interest.

Q

What is the Cash Flow Statement used for in credit analysis?

A

It is used to assess the actual cash generated and consumed by operating, investing, and financing activities, revealing true liquidity.

Q

What minimum DSCR is generally acceptable for term loan sanction by banks?

A

A minimum DSCR of 1.5 is generally acceptable.

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