financial health


A description of the state of a person or company's finances. Someone with good financial health usually deals well with their finances, makes their payments on time, and knows how to manage their money. Someone in poor financial health usually owes a lot of money and isn't making their payments on time.

Use financial health in a sentence

When you are trying to figure out how well things have been going you may want to fully break down your financial health.

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Her financial health had finally started to improve since she met Gary. He helped get her out of debt and teach her better ideas for saving money.

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The financial health of the company was determined by analyzing the financial reports that contained the most useful information such as the income statement.

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