what determines the financial position of a company
A company's financial position can change drastically from period to period. Comparing the company's financial position in relation to the industry helps determine whether the company is at, above or below its competitors.Companies with a strong financial position are attractive to investors and lenders.t uses various ratios to calculate relationships between data. Without question, company managers use financial statement analysis to understand the company's financial position and to make an assessment of the performance.