| 1 Definition | 2 Functional Requirements | 3 Syntax |
| 4 Semantics | 5 Conformance Testing | 6 Performance Assessment |
1 Definition
A set of indexes and ratios computed using financial statement data.
2 Functional Requirements
3 Syntax
https://schemas.mpai.community/CUI1/V2.0/data/FinancialDescriptors.json
4 Semantics
| Label | Size | Description |
| Header | N1 Bytes | Financial Descriptors Header |
| – Standard-FinancialDescriptors | 9 Bytes | The characters “CUI-FND-V” |
| – Version | N2 Bytes | Major version – 1 or 2 characters |
| – Dot-separator | 1 Byte | The character “.” |
| – Subversion | N3 Bytes | Minor version – 1 or 2 characters |
| MInstance | N4 Bytes | Identifier of Virtual Space. |
| N5 Bytes | ||
| N6 Bytes | ||
| N7 Bytes | ||
| DescrMetadata | N8 Bytes | Descriptive Metadata |
The Financial Descriptors, computed from the Financial Statements data, are given in Table 1.
Table 51 – Financial Descriptors
| Feature | Name | Descriptor type | Descriptor value |
| 1 | Revenues | Revenue/Profit | Absolute value |
| 2 | EBITDA Margin | Revenue/Profit | Percentage (%) |
| 3 | EBITDA | Revenue/Profit | Absolute value |
| 4 | Quick Ratio | Revenue/Profit | Absolute value |
| 5 | Current Ratio | Revenue/Profit | Percentage (%) |
| 6 | Net Working Capital | Revenue/Profit | Absolute value |
| 7 | Net Financial Position | Cost/Debt | Absolute value |
| 8 | Net Short-Term Assets | Cost/Debt | Absolute value |
| 9 | Shareholder Funds-Fixed Assets | Cost/Debt | Absolute value |
| 10 | Long-Term Liability Ratio | Cost/Debt | Percentage (%) |
| 11 | Coverage Of Fixed Assets | Cost/Debt | Absolute value |
| 12 | Amortisation Rate | Cost/Debt | Percentage (%) |
| 13 | Debt On Sales | Cost/Debt | Absolute value |
| 14 | Interest Coverage Ratio | Cost/Debt | Percentage (%) |
| 15 | Average Stock Turnover | Production | Absolute value |
| 16 | Stock Coverage Days | Production | Absolute value |
| 14 | Return On Investments (ROI) | Revenue/Profit | Percentage (%) |
| 15 | Return On Asset (ROA) | Revenue/Profit | Percentage (%) |
| 16 | Return On Sales (ROS) | Revenue/Profit | Percentage (%) |
| 17 | Return On Equity (ROE) | Revenue/Profit | Percentage (%) |
| 18 | Cash Flow | Production | Absolute value |
| 19 | Interest On Sales | Cost/Debt | Percentage (%) |
| 20 | Type Of Financial Statement | Financial statement type | Enumeration |
Feature n. 20: enumeration elements: Abbreviated, Micro, Detailed.
Table 2 specifies how the features of Table 1 (column 2) are normatively computed according to International Financial Reporting Standard (column 4). The definitions of column 3 are normative.
Table 6 – Financial Descriptors specifics
| Descr. | Name | Definition | Formula | Data type |
| 1 | Revenues | The total amount of revenues | Directly provided in the financial statement | String of real numbers |
| 2 | EBITDA Margin | A measure of a company’s profitability by comparing its gross revenues with its earnings | EBITDA/Revenues | Percentage |
| 3 | EBITDA | A measure of a company’s profitability | Operating margin + (Depreciation + Amortisation + Writedowns) | String of real numbers |
| 4 | Quick Ratio | The company’s ability to meets the short-term obligations with its only liquid assets | (Current assets – inventory)/Current liabilities | String of real numbers |
| 5 | Current Ratio | The company’s ability to meets the short-term obligations with its current assets (e.g., cash, inventories, etc.) | (Current assets)/Current liabilities | String of real numbers |
| 6 | Net Working Capital | A measure of a company’s liquidity and its ability to meet short-term obligations, as well as fund operations of the business | Current assets – Current liabilities | String of real numbers |
| 7 | Net Financial Position | A financial ratio that expresses the overall financial position of the company by including all liabilities of financial nature | Due to banks + Due to lenders – Total liquid funds | String of real numbers |
| 8 | Net Short-Term Assets | A margin that expresses the company’s ability to meet current short-term liabilities through the use of cash and cash equivalents and short-term receivables | Trade and other accounts + Total liquids funds – Short term liabilities | String of real numbers |
| 9 | Shareholder Funds-Fixed Assets | The company’s financial solidity, thus its ability to finance itself from shareholders’ equity | Shareholders’ funds – Fixed assets | String of real numbers |
| 10 | Long-Term Liability Ratio | The incidence of long-term debts on the total liabilities | Long- and medium-term liabilities /Total assets | String of real numbers |
| 11 | Coverage Of Fixed Assets | An asset self-coverage ratio, which expresses the ratio of equity to tangible assets | Tangible fixed assets/Shareholders funds | String of real numbers |
| 12 | Amortisation Rate | The portion of capital invested in tangible fixed assets that has already been recovered | Amortisation funds/ Tangible assets | String of real numbers |
| 13 | Debt On Sales | The company’s ability to cover its debts with the revenues from sales | Total debts /Revenues | Percentage |
| 14 | Interest Coverage Ratio | The degree to which the operating profit is able to cover the cost of financial interests. | Operating margin + Depreciation, Amortisation and Writedowns/ Interests | String of real numbers |
| 15 | Average Stock Turnover | The measure that expresses how often the warehouse is renewed | (Stocks-Advances)/Turnover *365 | String of real numbers |
| 16 | Stock Coverage Days | The average length of time during which the stocks are in warehouses | Stocks/ Cost goods sold *365 | String of real numbers |
| 17 | Return On Investments (ROI) | The profitability of an investment, measuring the amount of return of that particular investment, relative to its cost | Operating margin / (Shareholder’s funds + Bonds + Due to banks + Due to shareholders for loans + Due to other lenders) | Percentage |
| 18 | Return On Asset (ROA) | The profitability of a company in relation to its total assets | Operating margin / Total assets | Percentage |
| 19 | Return On Sales (ROS) | Efficiency of a company in turning sales into profits | Operating margin / Total revenues | Percentage |
| 20 | Return On Equity (ROE) | The company’s annual result divided by the value of its total shareholders’ equity | Result (profit or loss)/Shareholder’s funds | Percentage |
| 21 | Cash Flow | The money coming in and going out of the company during a specific accounting period | Result (profit or loss) + (Depreciation + Amortisation + Writedowns) | String of real numbers |
| 22 | Interest On Sales | A measure of the incidence of interest expenses on turnover created by the company and absorbed at the service of the third-party capital employed | Interest/Revenues | Percentage |
| 23 | Type Of Financial Statement | The type of financial statement that the company prepares according to accounting regulations | Given by the reference jurisdiction | Enumeration |
Feature n. 20: enumeration elements: Abbreviated, Micro, Detailed.
5 Conformance Testing
A Data instance Conforms with Aaaaaa (CUI-XYZ) V2.0 if:
- The Data validates against the Space-Time’s JSON Schema.
- All Data in the Space-Time’s JSON Schema
- Have the specified type.
- Validate against their JSON Schemas.
- Conform with their Data Qualifiers if present.
