The Financial Ratio as a Tool of Household′s Financial Status Estimation

재무비율분석을 이용한 가계 재정상태 비교분석 - 근로소득자 vs 자영업자 가구를 대상으로 -

The purpose of this study was to examine the usefulness of financial ratios as comparison analysis of households financial status. Two household types were discussed such as earner and self-employed. Financial ratios were developed for 2739 households for earners and 2147 households for self-employed using. Korean Household Panel Study from Daewoo Economic Research Center. Descriptive Statistics were used to analyze the financial ratios and seven different finantial ratios were utilized to compare the fiancial status of two different households type. Easers have more average income and net-assets than self-employed. However, using financial ratios, it was found that self-employed households were more stable than easer. The resets shows that the financial ratio analysis gives better tool to estimate households'financial status. Implications for financial educators, counselors, and planners are offered.