Your working capital is used to pay short-term obligations such as your accounts payable and buying inventory. If your working capital dips too low, you risk running out of cash. Even very profitable businesses can run into trouble if they lose the ability to meet their short-term obligations. Enter your current assets and liabilities and the Working Capital Calculator can help you determine your cash flow needs for the next year.
There is no one-size-fits-all plan, see some common guidelines and benchmarks.
A financial planner can be a valuable resource to help you with your financial goals.
This strategy can be beneficial in the short-term, but it’s important to work with a financial advisor to reach your financial goals.
A financial plan is a roadmap for your financial life. A solid financial plan could keep you on the right track designed to match your goals.
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Calculator disclosure: This calculator is intended for informational purposes only and is not intended to provide today's actual rates. Your actual results may vary. Results provided by this calculator are intended for Illustrative purposes only and the accuracy is not guaranteed. This calculator does not assure the availability of or your eligibility for any specific product offered by Citizens or its affiliates, nor does the calculator predict or guarantee the actual rate.
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