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Series 7 Formulas

Formulas

TermDefinition
How to Calculate Syndicate Spread Public Offering Price - Price Paid to Issuer ($12 - $10 = $2)
How to Calculate Syndicate Takedown Spread - Management Fee ($2 - $.20 = $1.80)
How to Calculate Additional Takedown Takedown - Concession ($1.80 - $.50 = $1.30)
Issued Stock Treasury Stock + Oustanding Stock
Value of a Right (market price-subscription price/(number of rights to purchase one share + 1)
Current Yield Annual Interest / Market Price
Conversion Ratio Par Value / Conversion Price
Per Capita Debt (net.direct debt + overlapping debt) / municipality population
Debt Service Coverage Ratio (net revenue /principal) + interest
Accrued Interest Principal x Rate x Time
Average Cost Per Share Total dollars invested / shares bought
Net Asset Value (NAV) Value of funds assets/ outstanding shares
Public Offering Price (POP) Net Asset Value + Broker's Commission
Sales Charge (%) (POP - NAV) / POP
Time Value Premium - Instrinsic Value
Calculate Break-Even Point for buying a call: Break-Even point Strike Price + Premium
Calculate Break-Even Point for selling a call: Break-Even Point Strike Price - Premium
Calculate Break-Even Point for buying a put: Break-even Point Strike Price - Premium
Calculate Break-Even for selling a put: Break-Even Strike Price - Premium
Net Working Capital (or Net Worth) Asset - Liabilities
Liquidity Ratio Formula: Current Ratio Current Assets / Current Liabilities
Liquidity Ratio Formula: Quick Asset Ration (current assets-inventory) / current liabilities
Liquidity Ratio Formula: Acid Test Ration (cash+marketable securities) / current liabilities
Capitalization Ratio Formula: Long-Term Capital long-term liabilites + stockholder's equity
Capitalization Ratio Formula: Bond Ratio Bonds Par Value / Long-Term Capital
Capitalization Ratio Formula: Debt-to-Equity (bonds + preferred stock) / equity
Operating Profit Margin Operating Income / Net Sales
Net Profit Ratio Net Income / Net Sales
Net Asset Value Per Bond Net Worth / Bonds Sharing Outstanding
Bond Interest Coverage EBT / bond shares outstanding
Book Value Per Share (Assets - Liabilities) / bond shrs outstanding
Earnings per common shrs (EPS) (Net Worth - Preferred stock) / common shrs outstanding
Price - Earnings Ratio (P/E) Market Price / Earnings Per Share
Dividend Payout Ration Common Dividend / Earnings per Share
CAPT Principal Formula: r = rf + b r = return of stock rf = risk-free rate of T-Bills B = Beta value of stock
Calculate Equity for long margin acct: Equity (EQ) Long Market Value (LMV) - Debit Balance (DR)
Calculate Equity for short margin acct: Equity (EQ) Purchase Price - SMV + Margin Call
Calculate Credit for short margin acct: Credit (CR) SMV + margin call
SMA EQ - Margin Requirement
Buying Power SMA / Reg. T
Calculate Restriction for Long Margin Acct: Restriction Margin Call - EQ
Calculate Restriction for Short Margin Acct: Restriction Margin Call - EQ
Calculate Maintenance for Long Margin Acct: Maintenance Call Maintenance EQ - EQ
Calculate Maintenance for Short Margin Acct: Maintenance Call Maintenance EQ - EQ
Created by: ren117