How healthy are your financials?

Money in checking and savings plus short-term investments you could sell this week. Use today's balances, not an average for the year.

What customers owe you on invoices you have sent but have not been paid for. Your accounting software calls it A/R or open invoices.

The cost of goods, materials, and parts sitting on your shelves or in your truck today. Enter what you paid for them, not what you sell them for.

What you paid for equipment, vehicles, property, and furniture, less depreciation taken so far. It is the fixed-asset total on your balance sheet.

Everything you owe within 12 months: unpaid supplier bills, card balances, payroll and taxes owed, and the next year of loan payments.

Loan and lease balances you will still owe after the next 12 months, such as the later years of an equipment loan or a mortgage.

Total revenue for the last 12 months before any costs come out. It is the top line of your income or profit-and-loss statement.

What the work itself cost over the same 12 months: materials, parts, and labor on jobs. Rent, insurance, and office pay do not belong here.

Costs that run whether or not you have a job on: rent, utilities, insurance, admin pay, software, marketing. Leave out interest and income taxes.

Interest paid on loans, lines of credit, and cards over the last 12 months. Principal payments do not count here, only the interest portion.