article thumbnail

Kier whittles net debt down to £230m

Construction Enquirer

Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. Andrew Davies, chief executive, said that despite inflationary pressures Kier would report revenue and profit in line with expectations in September. reported in the prior year. ” .

Debt 47
article thumbnail

Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. . FINANCIAL RATIOS: DEBT . Debt Ratio . Debt-to-Equity .

Safety 94
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Contract Terms for Higher Profitability

PSMJ Resources

Most clients are demanding more work for lower fees, and firms that do not reexamine the terms of their contracts usually find themselves without enough income to break even, let alone make a profit. With private sector clients, it can dramatically increase profits. Get partial or full payment of fees before starting.

article thumbnail

What Labor Shortage? Not All Home Builders Affected Equally

Pro Builder

Yet, here we are, with strong sales, great cash flow, abundant profits, and not enough people to build the homes. . debt-to-GDP ratio was considerably higher during World War II than it is today, and you never hear anyone suggest we overspent fighting Hitler and Tojo. Not if You Follow These 8 Steps to Make Trades Profitable.

article thumbnail

Where Did The American Construction Worker Go?

Chianelli Estimating

I understand that today’s parents want their children to go to college and get that high tech career that requires college and beyond, not to mention fighting for an entrance level position and $100,000 to $200,000 in debt or more. A place that can offer them a good life, with a profitable future.

article thumbnail

Construction Bookkeeping Unique Features

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Profit And Loss Report. Sales - Expenses) = Profit. It is easy to run reports to determine which items are profitable and unprofitable and make adjustments quickly as needed. -. Chart of Accounts Bad Debts. Chart of Accounts Bad Debts.

article thumbnail

Bookkeeper Vs. Accountant Vs. C.P.A. For Your Construction Company

Contractor Bookkeeping

Their primary function is to review the transactions, reclassify some of them as needed and prepare payroll, monthly tax returns, quarterly tax returns, basic Profit & Loss Reports and Balance Sheet Reports. Business Owners - Need three basic reports, Cash, Profit and Equity. Profit And Loss Report. Regular Accounting.