Good Financial Status definition
Report Abuse. Money balance, Credits, Debits details a person has in his personal account or an Organization has in its account. The more balanace of cash in the account, the more healthy the person financially, and the more trustworthy is the organization.The business progress depends upon the financial status of a company. Respect depends upon the financial status of a person in this world.eport Abuse. Money balance, Credits, Debits details a person has in his personal account or an Organization has in its account. The more balanace of cash in the account, the more healthy the person financially, and the more trustworthy is the organization.