News Release: RMA's 2009--10 Annual Statement Studies® Available in Print and Online
November 2, 2009
The newest edition contains the largest number of industries and statements ever. The electronic version allows users to calculate their clients' financial statements in the same way RMA calculates the data presented in Annual Statement Studies.
Philadelphia, Pennsylvania (November 2, 2009) -- The 2009--10 edition of RMA's Annual Statement Studies is now available in book format and in an easy-to-use Web-based format, eStatement Studies. The latter allows users to download industry data into an Excel® spreadsheet, search using a query function, and analyze data by region. "This edition of Annual Statement Studies contains the largest number of industries and statements ever," said Mark Zmiewski, RMA's director of strategic learning and research. "Our client comparison worksheet in eStatement Studies allows users to calculate their clients' financial statements in the same way RMA calculates the data presented in Annual Statement Studies." Annual Statement Studies, the premier source for private-firm financial data, presents 766 industries using the North American Industry Classification System (NAICS) codes. This year's data was compiled from more than 285,000 statements received from financial institutions. Trend data is available for five years. RMA's Credit and Lending Dictionary also is available in the Annual Statement Studies books. Annual Statement Studies includes two publications: Annual Statement Studies: Financial Ratio Benchmarks, a best-selling RMA product for almost 90 years, is the only source of financial ratio benchmarks derived directly from 285,000 statements of financial institutions' borrowers and prospects. These financial statements come directly to RMA from its member institutions, which get their data directly from the customer. Annual Statement Studies: Industry Default Probabilities and Cash Flow Measures contains expected default frequency estimates, cash flow measures, and change-in-financial-position information for 686 industries. It brings together the power of Moody's KMV RiskCalc® for private companies and the Statement Studies database to provide distribution statistics on one-year and five-year expected default frequency estimates by industry. These benchmarks add substantial value to the critical analysis of cash flow for private companies. eStatement Studies includes all of the new Annual Statement Studies data for 2009--10, both the Financial Ratio Benchmarks and Industry Default Probabilities and Cash Flow Measures, and the regional breakouts. Functions on the Web include:
- 10 years of data, including the current year.
- Client comparison worksheet.
- Advanced search.
About RMA
Founded in 1914, The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk. Headquartered in Philadelphia, Pennsylvania, RMA has 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by more than 20,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific. Contact: Kathleen M. Beans, 215-446-4095, or Kevin McLaughlin, 215-446-4137, RMA Public Relations.
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