Arizona University System financial ratio analysis (2003-2007)

The Arizona Board of Regents annually prepares an analysis of the financial condition of Arizona State University, Northern Arizona University, and The University of Arizona using data from the universities’ audited financial statements. This Assessment of Financial Strength uses the methodology developed by KPMG, BearingPoint, et al. and used by university governing boards and accreditation agencies across the country. The methodology employs four financial ratios and a single indicator of financial health—the Composite Financial Index—and provides a scale against which to benchmark our universities. The analysis is for each university’s entire enterprise, which includes their component units