Tangible Working Capital and Tangible Equity: What Do These Ratios Mean to Your Business?

Marcum LLP is a national accounting and advisory firm with offices in major U.S. business centers, as well as Grand Cayman, China and Ireland. Ian T. Manning, CPA, is an assurance services partner and a member of the Construction Industry Practice group, which provides audit, consulting and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises.

Christopher Sisk, CPA, is an Assurance Services senior manager in Marcum LLP’s Nashville, Tennessee, office. His clients include construction companies, manufacturers, and employee benefit plans. Sisk works closely with contractors engaged in grading, utility, highway, bridge construction, electrical and railroad construction. One of the leading construction accounting firms in the U.S., Marcum LLP's Construction Services group provides audit, consulting, and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises. Marcum’s construction group  publishes several definitive industry resources, including the annual Marcum National Construction Survey, the quarterly Marcum Commercial Construction Index, the Marcum PAS Contractor Compensation Quarterly, and the annual Marcum JOLT Survey Analysis of construction employment trends--and presents an ongoing series of industry summits and technical webinars focused on the unique needs of construction contractors.