Decoding PTI: Your Financial Fitness Scorecard Ever heard of PTI, but weren’t quite sure what it meant? Don’t worry, you’re not alone! PTI stands for Payment-to-Income ratio, and it’s a key indicator that lenders use to assess your financial health when you’re applying for a loan. Think of it as a snapshot of your ability...
Unmasking the Mystery of “Net” in Finance Ever stumbled across financial jargon like “net income” or “net worth” and felt a little lost? Don’t worry, you’re not alone! The word “net” often pops up in finance, and understanding what it means is key to grasping your own financial situation. Think of “net” as the leftovers...
Unlocking the Mystery of LTM: Your Financial Snapshot Ever heard financial folks throw around acronyms like they’re going out of style? One you might have stumbled upon is LTM, which stands for Last Twelve Months. It’s a deceptively simple phrase, but it holds immense value in understanding a company’s financial health. Think of LTM as...