Melbourne, Australia - November 25, 2024 – IBISWorld is thrilled to expand its coverage of financial ratios to 500+ industries across the Australian economy. By leveraging extensive data from the Australian Taxation Office, we're providing professionals with a wealth of reliable industry benchmarks for in-depth financial analysis.
Our new financial benchmarks encompass 40 essential metrics across key categories:
- Liquidity Ratios: Including Current Ratio, Quick Ratio, Days' Inventory, Days' Receivables, and more.
- Leverage Ratios: Such as Net Worth Ratio, Debt to Net Worth, Fixed Assets to Net Worth.
- Coverage Ratios: Featuring Interest Coverage, Cash Flow Margin, Cash Flow Coverage, among others.
- Operating Ratios: Covering Asset Turnover, Return on Total Assets, Cash and Equivalents, and more.
- Profit Ratios: Spanning Net Profit, Gross Profit Margin, Return on Net Worth, and more.
These benchmarks are designed to empower bankers, accountants, consultants, and business valuers to make more informed predictions about their clients' financial stability and future growth. With five years of historical data at your fingertips, spotting anomalies becomes easier and understanding how fluctuations in financial health compare to industry trends is more straightforward than ever.
This enhancement comes on the heels of our success in North America and the UK, where professionals have already been reaping the benefits of our financial ratio data. For instance, Eric Gerdes of Endurium Advisors in the USA shared how IBISWorld's financial benchmarks helped them identify a $2 million profit increase for a client. By analyzing operating costs, their team were able to recommend aligning the cost of goods sold with industry standards—a move that proved to be a game-changer.
We're excited to bring these same opportunities for productivity and efficiency to Australian businesses. If you're an existing IBISWorld member, you'll find the new financial ratio data integrated into all of the hundreds of ANZSIC reports in our Australian collection.
Want to Learn More?
Explore the full list of financial ratios in our Help Center and find answers to common questions about the data. If you're not yet an IBISWorld member and are interested in accessing our industry research and financial benchmarks, please contact us for a consultation.
