Business
Working Capital: It’s Not Just Math
For a user of a contractor’s financial statement, such as a surety and a professional surety agent, working capital is a great indicator of a contractor’s immediate financial prowess.
By Carl Oliveri
November 11, 2020
Topics
Business
by Carl Oliveri
Carl Oliveri is a partner and the construction practice leader at Grassi. He specializes in project-centric and companywide financial modeling, operational strategy development, financial statement attest services and income tax method analysis. Carl can be reached at (212) 223-5047 or [email protected].
Related stories
Business
Energy Prices Drive Construction Materials Costs 0.3% Higher in October
By ABC
High energy prices are driving a slight surge in construction materials prices, but overall numbers remain lower than they were this time last year.
Business
ABC’s Construction Backlog Indicator Slips in October, Contractor Confidence Remains Elevated
By ABC
Backlog is down in October, but don't be fooled—this dip is consistent with October 2023, and contractors remain confident.
Business
Peer to Peer: Comparing Construction Company Metrics
By Michael McLin
“If your friends did that, would you do it too?” Well-meaning parents have repeated this trouble-stopping phrase for decades. But when it comes to evaluating your construction business’ success, measuring against your peers might not be such a bad idea after all.