Track all of your key business metrics from one screen
GET STARTED
Xero
Equity
Equity is the total value of an organization's assets minus its liabilities. It reflects the overall financial health of the business and is used to determine the company's ability to pay off long-term debt and generate future profits.
With Databox you can track all your metrics from various data sources in one place.
- About
- Technical Details
What is "Equity"?
The Equity metric in accounting is the difference between a company's total assets and its total liabilities. It indicates the level of equity or ownership in a business, which is important for measuring financial health and determining the value of an organization. Higher equity generally represent a stronger financial position and greater potential for future growth.
Example: Example: A business owner can use the Equity metric to track the total value of their equity in a business, which is important for measuring financial health and determining the value of an organization.
Visualizations
-
Number
Used to show a simple Metric or to draw attention to one key number.
How to track Equity in Databox?
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Equity using Databox, follow these steps:
-
1Connect Xero that contains the metric you want to track
-
2Select the metric you want to track from the list of available metrics
-
3Drag and drop the selected metric onto your dashboard
-
4Watch your dashboard populate in seconds
-
5Put Equity on the Performance screen
-
6Get Equity performance daily with Scorecards or as a weekly digest
-
7Set Goals to track and improve performance of Equity
GoalsSet Goals to track and improve your performance
ScorecardsGet your daily progress every morning with Scorecards
Metric DigestReceive detailed weekly performance updates
Metric BuilderBuilt your own custom metrics with Metric Builder
Data CalculationsSet Goals to track and improve your performance
Performance ScreenGet instant insights into your top-performing metrics
General
-
DescriptionEquity is the total value of an organization's assets minus its liabilities. It reflects the overall financial health of the business and is used to determine the company's ability to pay off long-term debt and generate future profits.
-
CategoryAccounting
-
SubcategoryAssets
-
Date Added2017-03-09
Specification
-
Metric Typegeneral
-
DimensionalNo
-
Decimal DigitsYes
-
Currency UnitsYes
-
GranularitiesMonthly, quarterly and yearly.
-
Custom Relative PeriodsYes
-
Data AvailabilityAt sync, it ranges from 3 years ago to now.
-
Retroactive Data UpdatesNewly synced data is merged with existing data, replacing values for matching periods.
-
Future Data AvailableNo
Visualization
-
Default FormatPrefixCurrency
-
Cumulative GraphYes
-
Favorable Trendincreasing
-
Media CreativesNo
-
ForecastsYes
-
BenchmarksYes
Related Metrics
-
Xero
Total Operating Expenses (Budget)
Total Operating Expenses (Budget) is a financial metric that represents the total estimated amount of money a company plans to spend on its operating expenses over a given period, with the purpose of controlling and predicting costs in the short and long term.
-
Xero
Total Cost of Sales (Budget)
Total Cost of Sales (Budget) is the projected amount of direct costs incurred to produce goods or services that are sold during a specific period. This includes materials, labor, and overhead expenses. It helps businesses track and manage their expenses related to sales in a budgeted period.
-
Xero
Net Assets
Net Assets is the total value of an organization's assets minus its liabilities. It reflects the overall financial health of the business and is used to determine the company's ability to pay off long-term debt and generate future profits.
-
Xero
Draft Invoices
The Draft Invoices metric in Xero refers to the number of invoices that have been created but not yet finalized. It measures the efficiency of the invoicing process and helps ensure that all invoices are accurately and promptly sent to clients for payment.
-
Xero
Awaiting Payments Amount
The Awaiting Payments Amount metric in Xero shows the total amount of outstanding invoices that have not yet been paid by customers. It helps businesses keep track of how much revenue is yet to be received, and which customers need to be chased for payment.
-
Xero
Direct Costs
Direct Costs metric refers to the expenses incurred specifically for the production of goods or services. These costs are directly tied to the production process and can include raw materials, labor costs, and other expenses directly related to production. #Xero #DirectCosts
-
Xero
Average Creditors Days
The Average Creditors Days metric is a measure of how long it takes a business to pay its suppliers. It is calculated by dividing accounts payables by the average daily cost of goods sold and is a key indicator of a company's cash flow management and supplier relationships.
-
Xero
Accounts Payable Turnover
Accounts Payable Turnover is a metric that measures how quickly a company pays its suppliers. It's calculated by dividing the cost of sales by the average accounts payable.
Make better decisions,
together, faster
Product
Compare
Databox Inc.
HQ: Boston, MA, USA
Modern BI for teams that needs answers now
Databox Inc.
HQ: Boston, MA, USA
Modern BI for teams that needs answers now
Product
Compare
