-Liquid assets: Cash and equivalents.
-Operating assets: Inventories+ receivables+ prepayments for current assets.
-Long Cyclical assets: Fixed assets. (Patents, machinery)
-Non Cyclical assets: Investment in group companies + non current invest + current invest + non current assets held for sale.
-Non Operating current liabilities: Current payables+current provisions+current debt with group companies.
-Operating liabilities: Trade payables + current prepayments.
-Non current liabilities: Non current provisions+ non current payables + liabilities arising from taxable temporary differences.
-Own resources: Equity + liabilities arising from taxable temporary differences - deffered tax assets.
Activos cíclicos: Colaboran en su propia financiación y son de c/p o l/p en función de su renovación inmediata o no.
No cíclicos: No colaboran en su fin, se recuperan con venta.
STATIC ANALYSIS OF FINANCIAL SITUATION
Static solvency ratios: representan los 2 requisitos de equilibrio.
1- Financial needs + Non cyclic Assets / Equity < 1
2- Liquid Assets / Current non comercial liabilities > 1
Si ambos requisitos se cumplen: The company presents static financial balance or what is the same, it conveniently finances it assets in the face of solvency.
Financial Needs of the company:
FN= Commercial Assets - Commercial Liabilities.
(operating assets) (operating liabilities)
IF POSITIVE: CA>CL --> The company hasn't enough commercial liabilities to finance the commercial assets. It will need to use the Equity to finance. If there's enough equity the finances health will be OKAY. Is a negative effect to treasury.
IF NEGATIVE: CA<CL--> Positive effect to treasury. It represents and advantage because it recovers the inversion in assets before the payment of commercial debts. Liquid media surplus. It's not an advantage if the company doesn't pays the debts due to financial problems.