Financial projection

430 views 1 replies

Mr.X  requires an Estimated balance sheet and profit and loss a/c for next two year – 2016-17, 2017-18For a loan  (CC amount Rs65,00,000). What is the important  things to be noticed for preparing a projected balance sheet and P&L. Anybody Please give your valuable advice

Thanks in advance

Replies (1)

Please note below points

1. Turnover of the unit should be at least 5 times to CC limit (That means Rs.65 lacs * 5 = Rs.325 Lacs)

2. In projected balance sheet 75% paid stock (Closing Stock - Sundry Creditors) + 50% of Sundry Debtors should be equal to your CC limit.

3. Financial ratio depends on Banks norms like some bank require Current Ratio 1.10 or some requires 1.25, Total Outside Liabilities / Tengible Networth ration should be less than 4, some banks requires other financial ratio. Contact to particulars bank for ration norms.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
06 July 2026
C.A./CA Inter OR pursuing C.A./GST/Accounts/Audit/IT - Head

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details