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Every one of our 240 free calculators, grouped by category. Each shows its full working — assumptions, formulas, and breakdowns in the open.

Saving & Investing

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Compound Interest

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Project the growth of savings and investments with inflation-adjusted (real) returns, fees, taxes, contribution step-ups, and a full year-by-year breakdown.

Savings Goal

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Find how much to set aside each month to hit a target by a deadline — or how long your current pace will take.

Investment Return

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CAGR, total return, and the true money-weighted return (IRR) when you add contributions — plus the inflation-adjusted real return.

Dividends

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Project dividend income with reinvestment (DRIP), rising payouts, and yield-on-cost — and see how much DRIP adds over taking cash.

Rebalancing

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The exact trades to hit your target allocation — plus a no-sell, contributions-only mode that rebalances without triggering taxable sales.

Fee Impact

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Compare two expense ratios side by side and see the dollars — and the share of your gains — that fees quietly consume over time.

CD

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Maturity value and interest from a certificate of deposit — plus what an early-withdrawal penalty would actually cost you.

Savings

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Grow a savings balance at a real APY — and see what tax on interest and inflation leave you with in today’s money.

RSU

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RSU value at vest, sell-to-cover shares, and the 22% withholding gap that leaves higher earners owing more at tax time.

T-Bill

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The true investment yield on a T-bill (not just the quoted discount yield), the APY, and its state-tax-free advantage.

ESPP

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Your ESPP discount and lookback turned into a real return — the immediate gain and the eye-opening annualized rate.

APY

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Turn a nominal rate into its true APY, compare APY across compounding frequencies, and see the real dollars earned.

Interest

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Simple and compound interest side by side — the total interest each way, the final balance, and exactly how many dollars compounding adds on top.

Future Value

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What a lump sum and regular contributions grow to at any rate and compounding frequency — with the split between what you put in and the interest you earn.

Present Value

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What a future lump sum or stream of payments is worth in today’s money once discounted — and how much value is lost to time at a given rate.

CAGR

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The compound annual growth rate that links a starting and ending value over time — the single rate that makes investments of different lengths comparable.

Continuous Compound

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Future value with continuous compounding (P·e^(rt)), the effective annual rate it produces, and how much it beats compounding just once a year.

PVIFA

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PVIFA — the present value interest factor of an annuity, the multiplier turning equal payments into one present value, behind loan and bond pricing

Sinking Fund

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Sinking fund payment — the recurring deposit needed to hit a target amount by a future date, with the interest the compounding does for you

Growing Annuity

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Growing annuity present value — payments rising at a constant rate each period — for inflation-linked income, escalating leases, or growing dividends

Percentage Return

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Your total return on an investment — capital gain plus income as a percentage of what you paid — split into the price return and the income return.

Fisher Equation

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Fisher equation — convert nominal and real rates exactly, (1 + nominal) = (1 + real)(1 + inflation), not the nominal-minus-inflation shortcut

ROI

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Return on investment from what you put in and got back — plus annualized (compound) ROI, the only fair way to compare different holding periods

Rule of 72

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Rule of 72 — how many years money takes to double at a given return, with the exact logarithmic answer to see how close the shortcut really is

Stock Average

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Your weighted average cost per share across multiple buys — the true break-even price when you average down or build a position in stages.

Stock Profit

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Profit or loss on a stock trade after buy and sell commissions, with your return on cost as a percentage — the honest figure once fees are counted.

Dividend Yield

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The dividend yield on a stock from its annual dividend and share price — the income return that lets you compare payouts across very differently priced shares.

Savings Rate

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The share of your income you actually save — the single number that, more than any return, decides how fast you reach financial independence.

HSA

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HSA growth with the triple tax advantage quantified — the upfront deduction, FICA savings via payroll, tax-free growth, and the gap versus the same dollars in a taxable account.

529 Savings

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Projects a 529 balance against the inflated future cost of college — the funding gap, and the monthly contribution that closes it, with education inflation modeled separately.

Millionaire

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Solves exactly how long until your savings first cross $1,000,000 — the arrival date, your age that day, and how much of the million is contributions versus compounding.

CD Ladder

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Splits a lump sum across staggered CD rungs — each rung's maturity value at your entered APYs, the blended yield, and the cash-available timeline that laddering buys you.

Borrowing

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Loan

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Payment, total interest, and payoff timeline for any fixed-rate loan, with an amortization breakdown.

Payment

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The monthly payment on any fixed-rate loan — plus total interest, the true APR once fees are counted, and a full amortization schedule with extra-payment savings.

Business Loan

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Business loan payment, total cost, and effective APR — origination fees folded in, with a full amortization schedule to compare offers honestly

Credit Card

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See how long a fixed payment takes to clear your balance — and how the shrinking minimum-payment trap costs you years and thousands in interest.

Debt Payoff

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Compare the snowball and avalanche strategies across all your debts — payoff order, total interest, and which one frees you sooner.

Auto Loan

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The real out-the-door cost — sales tax with the trade-in credit, fees, and the negative-equity timeline showing when you stop being underwater.

Balance Transfer

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Whether a 0% balance transfer pays off once the fee and the go-to APR are counted — plus the payment to clear it before the promo ends.

DTI

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Your front-end and back-end DTI, the lender qualification band you fall in, and how much debt headroom you have before 36% and 43%.

Loan Payoff

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Pay off an existing loan faster — compare extra, biweekly, and lump-sum strategies, or solve the payment to be debt-free by a target date.

Student Loan

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Standard repayment vs an income-driven plan based on your discretionary income — the lower payment and the long-term tradeoff.

Amortization

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A full month-by-month amortization schedule with the principal-vs-interest crossover, extra payments, and CSV export.

Car Affordability

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How much car you can responsibly afford using the 20/4/10 rule — counting insurance and fuel, not just the loan payment.

SBA Loan

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Payment and true cost of an SBA business loan, including the SBA guarantee fee and the long terms SBA financing allows.

Lease Buyout

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Whether buying out your car lease is smart — the all-in buyout cost vs the car’s market value, and the equity it captures.

Payday Loan

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Turns a small-sounding fee into its true APR (often 400%+), models the rollover trap, and compares the cost to safer credit.

Cash Advance

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The true cost of a credit-card cash advance — the fee, the higher APR, and the no-grace-period interest that starts on day one.

Money Factor

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Convert a car lease money factor to its equivalent APR (and back) — multiply by 2400 — so you can compare lease financing against a loan on equal terms.

Interest-Only Loan

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The low monthly payment during an interest-only period — and the jump to a full principal-and-interest payment when it ends, so the payment shock is no surprise.

APR

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The true APR on a loan once upfront fees are counted — always higher than the note rate — the apples-to-apples number for comparing loan offers honestly.

Loan Affordability

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How much you can borrow for a monthly payment you can afford — working backwards from the payment to the principal, with the total interest over the term.

Balloon Loan

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Monthly payment and the lump-sum balloon due at maturity — the classic 30/5 structure priced year by year, with an interest-only mode and the full cost to the balloon date.

Annual Fee

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Whether a premium card's annual fee earns its keep — net value from rewards, honestly-valued perks, and amortized welcome bonus versus a no-fee card, with the break-even spend.

Blended Rate

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The balance-weighted blended rate across multiple debts — what consolidation must beat — including the federal student-loan rule that rounds the weighted average up to the nearest one-eighth percent.

Real Estate

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Mortgage

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Monthly payment, full amortization schedule, the true lifetime cost of interest, and how extra payments shorten your loan.

Refinance

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Whether refinancing pays off: the new payment, the break-even point on closing costs, and the term-reset interest trap.

Affordability

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How much house you can afford using real front-end and back-end DTI ratios — and which one is actually limiting your budget.

Rent vs Buy

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A true opportunity-cost comparison: invested down payment, appreciation, full ownership costs, and the year buying pulls ahead.

HELOC

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Your available credit from home equity, and the payment shock when the interest-only draw period flips to amortizing repayment.

Mortgage Points

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Whether buying discount points pays off — the upfront cost, the lower payment, and the break-even month you must pass to win.

PMI

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Your monthly PMI and the full cancellation timeline — the 80% point you can request it gone and the 78% automatic cutoff.

FHA Loan

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FHA payment with upfront and annual MIP — including the catch that with under 10% down, MIP never cancels for the life of the loan.

Closing Costs

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An itemized estimate of buyer closing costs — and the total cash to close you actually need to bring to the table.

DSCR

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Qualify a rental on its cash flow: the DSCR from rent and expenses, whether it clears the lender target, and the max loan it supports.

Prorated Rent

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Prorated rent for a partial month by all three methods (actual days, 30-day, annualized) so you can match your lease.

Cap Rate

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Cap rate on a rental property — net operating income over price, the unlevered yield used to value real estate — plus the implied NOI multiple

NOI

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Net operating income — effective gross income after vacancy, less operating expenses, before mortgage and tax — the driver of cap rate and cash-on-cash

Cash-on-Cash

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The pre-tax return on the actual cash you put into a rental — cash flow after the mortgage divided by money invested — the levered counterpart to the cap rate.

GRM

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The price-to-gross-rent multiple — how many years of gross rent equal the purchase price — the fast back-of-envelope screen for shortlisting rental deals.

Rental Yield

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Gross and net rental yield on an investment property — annual rent as a percentage of value, before and after running costs — for comparing income across properties.

Rent Increase

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Your new rent after a percentage increase — the monthly bump and what it adds up to over a full year, so a “small” rise doesn’t catch you out.

Earnest Money

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The good-faith deposit on a home offer — a percentage of the purchase price, credited toward your down payment at closing, with notes on when it’s at risk.

Price Per Sq Ft

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Price per square foot from price and area — the great equaliser for comparing homes of different sizes against neighbourhood comps.

Land Loan

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Monthly payment, total interest, and total cost on a land or lot loan — which typically carry higher rates and shorter terms than a home mortgage.

Biweekly Mortgage

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Half-payments every two weeks make 13 full payments a year — the interest saved and years cut, modeled both as a true biweekly schedule and as the extra-principal equivalent.

Mortgage Recast

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Recast, prepay, or do nothing — what a lump sum does to your mortgage under each path: the new recast payment, the interest saved, and which choice wins on cash flow vs total cost.

Sale Proceeds

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What a seller actually walks away with — sale price minus mortgage payoff, commission, closing costs, transfer tax, concessions, and prep, itemized as a seller net sheet.

Retirement

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Retirement

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Model contributions, employer match, and withdrawals to see whether your nest egg lasts through retirement.

FIRE

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Your financial-independence number, years to reach it, your Coast FIRE figure, and savings rate — all in today’s money.

Roth vs Traditional

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After-tax retirement outcomes for Roth vs Traditional — including investing the up-front tax saving and your break-even tax rate.

401(k)

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Project your 401(k) with the real IRS contribution limits and catch-up — and see the employer match you’re leaving on the table.

Roth IRA

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Project tax-free Roth growth within the IRS contribution limits, and see exactly how much the tax-free growth beats a taxable account.

RMD

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Required minimum distributions using the real IRS Uniform Lifetime Table, projected across every year with the estimated tax on each.

Social Security

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Estimate your benefit with the real PIA bend-point formula, and see how claiming from 62 to 70 changes your monthly check.

403(b)

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403(b) balance at retirement from your contribution rate, employer match, and expected return — the tax-deferred plan for school and non-profit staff

Retirement Withdrawal

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How long your savings last under inflation-indexed withdrawals — with the 4% rule amount and your starting withdrawal rate, so you can pressure-test a drawdown plan.

Pension Lump Sum

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Pension lump sum vs the present value of the monthly pension — the payout rate and which option is worth more at your assumed return and lifespan

SS Break-Even

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The age at which delaying Social Security overtakes claiming early — the lifetime crossover between a smaller check sooner and a larger one later.

Annuity Payout

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The level monthly income a lump-sum premium buys over a fixed term — plus total payout and interest — for a period-certain immediate annuity.

Coast FIRE

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Coast FIRE — whether you've saved enough that growth alone, with no further contributions, carries you to financial independence — and the gap to it

Barista FIRE

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The smaller nest egg you need when part-time income covers part of your expenses — your Barista FIRE number, when you reach it, and how it compares with full FIRE.

Backdoor Roth

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How much of a backdoor Roth conversion is taxable under the IRS pro-rata rule — the exact Form 8606 line-by-line arithmetic, with the aggregation trap and the basis you carry forward.

Capital Gains

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Short- vs long-term tax compared, the dollar benefit of crossing the one-year mark, and your after-tax annualized return.

Income Tax

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Estimate your 2025 federal income tax with a bracket-by-bracket breakdown, FICA, and your true marginal vs effective rate.

Self-Employment Tax

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The 15.3% self-employment tax on your net earnings — Social Security and Medicare, both halves — with the 92.35% base and the deductible half worked out.

FICA Tax

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FICA tax withheld from your pay — the 6.2% Social Security and 1.45% Medicare rates, the wage-base cap, and the 0.9% high-earner surtax

Effective Tax Rate

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Effective tax rate — the share of income you actually pay — and how far it sits below your marginal bracket, so a raise never costs you money

Sales Tax

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Add sales tax to a price or back it out of a receipt total — the correct way, dividing by one-plus-the-rate rather than just subtracting it.

Property Tax

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Annual and monthly property tax from market value, assessment ratio, and tax rate — with the effective rate on what your home is really worth, and mills explained.

Lottery

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Lump sum vs annuity, after federal and state tax — compared on a present-value basis so you see which option really wins.

Gift Tax

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See why a large gift almost never triggers tax — the per-recipient annual exclusion and the lifetime exemption, explained.

Crypto Tax

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Tax across multiple crypto disposals — short vs long-term, loss netting, and the reminder that crypto-to-crypto trades are taxable.

Powerball

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Powerball cash value vs the 30-year graduated annuity, after federal and state tax, compared on a present-value basis.

Mega Millions

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Mega Millions lump sum vs annuity after tax, with the 30 graduated payments and a present-value comparison.

Estate Tax

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Federal estate tax on what an estate leaves above the exemption, at the top rate — with the effective rate on the whole estate, and why most estates owe nothing.

VAT

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Add value-added tax to a net price or back it out of a gross total — the correct way, dividing by one-plus-the-rate — for any VAT or GST percentage.

Income & Pay

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Salary

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Salary converter — turn any pay rate (hourly, weekly, monthly, annual, and more) into every other frequency, using your real hours and weeks worked

Pay Raise

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Pay raise calculator — your new salary, the monthly increase, and the real, inflation-adjusted raise that shows whether buying power actually grew

Take-Home Pay

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Estimate net pay from gross — after FICA, income tax, and pre-tax deductions — as an annual, monthly, and biweekly figure, plus the share of gross you actually keep.

Bonus Tax

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Bonus tax — what you take home after the flat 22% federal supplemental withholding, FICA, and state tax, and why that isn't your real tax bill

Commission

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Total pay from base plus commission on your sales, with the share of your income that rides on performance — for any base-plus-commission or commission-only role.

Gross-Up

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The gross pay needed to net a target take-home amount — dividing by one-minus-the-rate, the right way to gross up a bonus or relocation payment.

Annual Income

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Turn an hourly, weekly, or monthly rate into your true annual income, with your real hours and weeks worked factored in — not just a flat ×2,080.

Salary to Hourly

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Convert an annual salary into the equivalent hourly wage, adjusting for the hours and weeks you actually work so the rate reflects your real schedule.

Hourly to Yearly

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See what your hourly wage adds up to over a full year — and at every pay period in between — based on the hours and weeks you work.

Monthly Income

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Work out your gross monthly income from any pay rate — useful for budgets and rent or loan applications that ask for a monthly figure.

Wage

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Find your wage at any pay rate and frequency — hourly, daily, weekly, biweekly, monthly, or yearly — with your real hours and weeks worked built in.

Biweekly Pay

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Calculate your pay every two weeks (26 paychecks a year) from any rate — and see exactly how it differs from a twice-a-month semimonthly check.

Semi-Monthly Pay

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Work out your twice-a-month paycheck (24 a year) from any pay rate — and see why it’s larger, but less frequent, than biweekly pay.

Weekly Pay

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Turn any pay rate into your weekly gross pay — and see the monthly and annual equivalents alongside it.

Real Hourly Wage

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What you actually earn per hour once commute time, unpaid work hours, and job costs are counted — and any purchase converted into the hours of life it costs.

Business & Pricing

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Week-over-Week

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The percentage change between two consecutive periods — the momentum metric behind analytics and KPI dashboards — with the absolute change alongside.

Margin

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Find your gross margin from cost and price, or price a product to hit a target margin — with the markup, profit, and the margin-vs-markup distinction made clear.

Markup

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Work out the markup on a product, or set a price from a target markup — and see why a markup is always a bigger number than the margin it produces.

Profit Margin

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Calculate gross profit margin from revenue and cost, see the dollar profit per unit, and price to a target margin — the number that protects your bottom line.

Margin & Markup

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Convert between margin and markup and see both at once for any cost and price — so you never price off the wrong one and quietly lose profit.

ROAS

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Return on ad spend from revenue and ad cost — plus the full funnel (CPM, CPC, CTR, conversion rate, CPA, ROI) so you see what is really driving the number.

CPM

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Cost per thousand impressions from spend and impressions — with CPC, CTR, conversion rate, CPA, ROAS, and ROI for the same campaign in one view.

CTR

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Click-through rate from clicks and impressions — alongside the rest of the funnel so you can tell whether a high CTR is actually converting.

Conversion Rate

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Your conversion rate from conversions and clicks — with cost per conversion, ROAS, and ROI so you know what each conversion costs and earns.

CAC

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Your fully-loaded cost to acquire a customer — every sales and marketing dollar divided by the customers it won, the foundation of healthy unit economics.

LTV

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Customer lifetime value from ARPU, margin, and churn — plus the LTV:CAC ratio and CAC payback period that reveal whether growth actually pays

Churn Rate

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The share of customers lost over a period, with its retention complement — the leak in the bucket that quietly compounds and sets the ceiling on lifetime value.

Retention Rate

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How many of the customers you started with are still here — new sign-ups stripped out, so growth can’t hide a leaky base. The quiet engine of compounding revenue.

CPA

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The cost of a single conversion — lead, sign-up, or sale — at the campaign level, and how it differs from the fully-loaded CAC for a paying customer.

Break-Even Point

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Break-even point — the units and revenue needed to cover costs, fixed costs divided by contribution margin per unit — the first number a business needs

Contribution Margin

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The contribution margin per unit and its ratio — what each sale leaves toward fixed costs and profit after variable costs — the engine behind break-even and pricing.

Profit

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Gross and net profit from revenue, cost of goods sold, and operating expenses — with the gross and net margins that show how much of each sales dollar you keep.

EOQ

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The order size that minimizes total inventory cost — balancing ordering against holding costs — plus how often to order and the annual cost at that quantity.

Payback Period

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How long an investment takes to pay for itself — initial outlay divided by annual cash flow — the quick screen for whether a project recovers its cost soon enough.

CLV

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All three textbook forms of customer lifetime value — simple, margin, and the discounted Gupta–Lehmann perpetuity — with the LTV:CAC ratio and CAC payback months.

Depreciation

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Full depreciation schedules under straight-line, double-declining balance, sum-of-the-years-digits, and units of production — year by year, with book value tracked to salvage.

Burn Rate

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Gross burn, net burn, and months of runway — with a growth simulation that answers the default-alive question: does revenue reach break-even before the cash runs out?

Quick Ratio

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Current, quick (acid-test), and cash ratios plus net working capital from a handful of balance-sheet lines — the three liquidity tests side by side with interpretation bands.

Employee Cost

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The fully-loaded annual cost of an employee — salary plus employer FICA, unemployment taxes, benefits, and overhead — with the cost multiplier and true cost per working or billable hour.

Equities & Derivatives

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Options (Black-Scholes)

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Options pricing with the Black-Scholes-Merton model — live Greeks, an implied-volatility solver, and payoff at expiry, worked step by step

Binomial Options

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Binomial option pricing on a Cox-Ross-Rubinstein lattice — European and American, converging to Black-Scholes, with the early-exercise premium

Monte Carlo Options

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Monte Carlo option pricing — simulate thousands of random price paths, watch the estimate converge to Black-Scholes, and see the standard error shrink

CAPM

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CAPM expected return — risk-free rate plus beta times the equity risk premium — the return an investment should earn for its market risk

Dividend Discount (DDM)

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Dividend discount model value from D₁ ÷ (r − g) — the Gordon Growth present value of all future dividends, and why the r − g spread dominates

DCF

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DCF intrinsic value — projected free cash flows plus a terminal value discounted to today, with how much rests on the terminal assumption

WACC

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Compute the weighted average cost of capital — the blend of the cost of equity and the after-tax cost of debt by their weights — the discount rate that powers a DCF.

Bond / YTM

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Bond price from yield, or yield to maturity from a market price — with the premium/discount, current yield, and the cash flows behind the number

Sharpe Ratio

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Sharpe ratio — excess return over the risk-free rate per unit of volatility — the standard measure of risk-adjusted return, shown step by step

Forward / Futures

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Forward and futures pricing by cost-of-carry — spot grown by financing and storage, less income — and whether the market is in contango or backwardation

Option Strategies

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Option strategy payoff at expiry for spreads, straddles, covered calls, and iron condors — Black-Scholes-priced legs, break-evens, max profit and loss

Option Greeks

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Option Greeks charted across the underlying price — delta, gamma, vega, theta, and rho, and how they shift as spot moves toward the strike

Duration & Convexity

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Bond duration and convexity — Macaulay and modified duration, and how the two together estimate a price change far better than duration alone

NPV

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Net present value of a cash-flow series at your discount rate — per-period discounting, the profitability index, and a clear accept/reject signal

IRR

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Internal rate of return — the discount rate at which NPV is zero — solved numerically, with the NPV profile drawn so you can see where it crosses

Perpetuity

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Perpetuity present value — level or growing, C ÷ r or C ÷ (r − g) — the engine behind dividend-growth valuation and DCF terminal values

Sortino Ratio

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Sortino ratio — risk-adjusted return using downside deviation only, so upside volatility isn't penalised — shown side by side with Sharpe

Expected Return

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Expected return — the probability-weighted average across scenarios, plus the variance and standard deviation that measure its risk

Market Cap

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Market cap from share price and shares outstanding, with the mega/large/mid/small/micro-cap tier — the equity value the market puts on the company

Enterprise Value

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Enterprise value — the true takeover cost: market cap plus debt, preferred, and minority interest, less cash — built from the balance sheet

P/E Ratio

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P/E ratio from share price and EPS (or net income and shares), plus the earnings yield it implies — the most-quoted valuation multiple

PEG Ratio

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PEG ratio — the P/E-to-growth measure that puts a high multiple in context: a 30× P/E is cheap if earnings grow 30% a year

EV/EBITDA

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EV/EBITDA — the enterprise multiple that values the whole business against its cash earnings, so debt-heavy and debt-free firms compare equally

Price-to-Book

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P/B ratio comparing market price to accounting book value, with the premium or discount to book — most telling for asset-heavy firms like banks

ROE

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Return on equity — net income as a percentage of shareholders' equity — the headline measure of the return a company earns on its owners' capital

ROA

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Return on assets — profit as a percentage of everything the company owns — how efficiently the asset base becomes earnings, unflattered by leverage

ROIC

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Return on invested capital — NOPAT over the capital put to work — the truest test of operating quality, compared against the cost of capital

ROCE

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Return on capital employed — operating profit over long-term capital, assets minus current liabilities — a pre-tax measure for capital-intensive firms

Return on Sales

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Return on sales — operating income as a percentage of revenue — the margin that captures pricing power and cost control before financing and tax

DuPont Analysis

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DuPont analysis — decompose return on equity into profit margin, asset turnover, and financial leverage to see what really drives a company's ROE

Current Yield

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Current yield — annual coupon income as a percentage of a bond's market price — and how it sits between the coupon rate and the yield to maturity

Coupon Payment

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Coupon payment per period — face value times coupon rate, split by frequency — plus the annual income and total coupons over the bond's life

Coupon Rate

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Coupon rate recovered from a bond's periodic payment and face value — the fixed rate set at issue that never changes with the market price

Bond Equivalent Yield

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Bond equivalent yield — annualize a T-bill's discount yield on a 365-day year so it compares with coupon bonds, alongside the bank-discount quote

Tax-Equivalent Yield

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Tax-equivalent yield — the pre-tax yield a taxable bond must offer to match a tax-free municipal in your bracket, with a side-by-side check of which wins

EPS

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Earnings per share — profit for common shareholders over shares outstanding, preferred dividends removed first — the base of the P/E and PEG ratios

EPS Growth

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EPS growth — total and annualized (compound) growth between two periods — the engine behind the PEG ratio and the test of a high multiple

Graham Number

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Graham number — Benjamin Graham's ceiling for a defensive buy, √(22.5 × EPS × book value per share) — plus the margin of safety versus price

Intrinsic Value

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Intrinsic value per share via Graham's revised formula — EPS × (8.5 + 2g) discounted by the corporate bond yield — with the margin of safety

NAV

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Net asset value per share — assets minus liabilities, divided by shares — the figure mutual funds price at, and the benchmark for discounts

Asset Turnover

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Asset turnover — revenue divided by total assets — how efficiently assets become sales, the efficiency lever in the DuPont breakdown of ROE

Inventory Turnover

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Inventory turnover — how many times a year inventory is sold and replaced, COGS over average inventory — plus the days-inventory holding period

Receivables Turnover

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Receivables turnover — how quickly a company collects what it is owed, credit sales over average receivables — with days sales outstanding

EBITDA Margin

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EBITDA margin — core operating profitability before financing, tax, and depreciation — for comparing firms with different capital structures

Retention Ratio

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Retention ratio — the share of earnings kept to reinvest, equal to one minus the dividend payout — the plowback input to sustainable growth

Sustainable Growth

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Sustainable growth rate — return on equity times the retention ratio — the fastest a company can grow without new equity or more leverage

Days Payable

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Days payable outstanding — how long a company takes to pay suppliers, accounts payable over COGS — the third leg of the cash conversion cycle

Cash Conversion Cycle

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Cash conversion cycle — days inventory plus days sales minus days payable — a negative cycle means suppliers are funding the business

Retained Earnings

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Retained earnings rolled forward — beginning balance plus net income minus dividends — the running total of profits kept rather than paid out

Forward Rate

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The interest rate the yield curve implies for a future period, derived by no-arbitrage from two spot rates. Educational, not investment advice.

PVGO

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PVGO — the present value of growth opportunities: how much of a stock's price is growth expectation, price minus its no-growth earnings value

Kelly Criterion

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The Kelly criterion stake that maximizes long-run bankroll growth — full, half, and quarter Kelly with the expected growth rate at each, and a clear no-edge warning.

Volatility Drag

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How volatility pulls compound returns below the average — arithmetic vs geometric mean from summary stats or a real return series, with the long-run dollar gap.

Yield to Call

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Yield to call on a callable bond — solved from price, call date, and call price by bisection — with the YTM comparison and the yield to worst brokers must quote.

Free Cash Flow

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All three free cash flows — simple FCF, cash flow to the firm, and cash flow to equity — with the reconciliation bridge between them and the discount rate each one pairs with.

Altman Z-Score

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Bankruptcy risk by the Altman Z-score — all three published variants with exact coefficients, the distress/grey/safe zones, and each ratio's contribution shown.

Jensen's Alpha

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Jensen's alpha — the return a portfolio earned above its CAPM-required return — from the risk-free rate, beta, and market return, with the full benchmark breakdown.

Treynor Ratio

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Risk-adjusted return per unit of market (beta) risk — the Treynor ratio with a market-benchmark comparison, completing the Sharpe and Sortino performance trilogy.

Put-Call Parity

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Put-call parity — solve the missing call or put from the other three legs, or check all four quotes for a parity gap and which side is rich. European, no-dividend form.

Two-Asset Portfolio

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Markowitz two-asset portfolio return and risk from weights, volatilities, and correlation — with the diversification benefit quantified and the minimum-variance weights solved.

Hamada Equation

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Unlever a comparable firm's equity beta or relever it at a target capital structure with the Hamada equation — the workhorse step of every comps-based cost-of-equity estimate.

Implied Volatility

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Backs the implied volatility out of an observed option price by inverting Black-Scholes — Newton-Raphson on vega with a bisection fallback, no-arbitrage bounds checked first, and the solver's working shown.

Economics

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Price Elasticity

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Price elasticity of demand by the midpoint (arc) or point method, with the elastic/inelastic classification and the total-revenue test worked out step by step.

Consumer Surplus

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Consumer surplus, producer surplus, and total gains from trade — from a market price and quantity, or by solving linear demand and supply curves for equilibrium.

GDP Deflator

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Solve the deflator identity for nominal GDP, real GDP, or the deflator itself — and turn two deflators into the economy-wide inflation rate between them.

Spending Multiplier

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The Keynesian spending multiplier from MPC — spending, tax, and balanced-budget multipliers plus the round-by-round geometric series showing where the total GDP change comes from.

Money Multiplier

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The money multiplier and the maximum money a deposit can support under fractional-reserve banking, with a round-by-round lending table and a fuller model adding currency drain and excess reserves.

Deadweight Loss

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Deadweight loss from a per-unit tax or observed price gap — the Harberger triangle, tax revenue, trades lost, and an optional elasticity-based split of who bears the burden.

HHI

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Market concentration by the Herfindahl–Hirschman index — squared shares, the DOJ/FTC 2023 merger-guideline bands, the numbers equivalent, and the ΔHHI of a hypothetical merger.

Quantity Theory

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The equation of exchange MV = PY solved for any variable, plus the growth-rate form that turns money growth into implied inflation — with the velocity caveats stated honestly.

Gini Coefficient

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Income inequality from a pasted list of incomes — the Gini coefficient by the sorted closed form, the Lorenz curve behind it, and the income shares of the top 10% and bottom 50%.

GDP Growth

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GDP growth as a simple, BEA-style annualized-quarterly, or average annual rate — the three headline conventions from the same two observations, with per-capita growth and rule-of-70 doubling time.

Marginal Cost

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Marginal cost from a single cost change or a full cost schedule — per-unit MC, average total cost, marginal revenue, and the profit-maximizing output under the MR = MC rule.

Taylor Rule

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The benchmark policy interest rate the Taylor rule prescribes from inflation and the output gap — with a term-by-term decomposition and a comparison against the actual rate.

Cross Elasticity

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Cross-price elasticity — are two goods substitutes or complements — and income elasticity with the normal, inferior, and luxury classification, by the midpoint or point method.

Okun's Law

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Translates an unemployment gap into an output gap (or GDP growth into a predicted unemployment change) using Okun's rule of thumb — with an adjustable coefficient, because it is an empirical regularity, not a constant.

Everyday

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Inflation

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Purchasing power in both directions, the cumulative erosion of a fixed sum, and the income you’d need to keep pace.

Budget

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Map your real expenses into the 50/30/20 needs/wants/savings buckets, see which one you overspend, and find your savings rate.

Emergency Fund

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How many months you’re covered today, a recommended 3–6 month target band, and how long it takes to get there at your pace.

Subscriptions

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Turn a mix of weekly, monthly, and yearly subscriptions into one true annual cost — and see what investing it instead would be worth.

Tip

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Tip on the pre-tax subtotal (not the tax), split the bill any number of ways, round up, and compare common tip percentages.

Net Worth

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Categorized assets and liabilities, your liquid vs illiquid split and debt-to-asset ratio, and a multi-year net-worth projection.

Cost of Living

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Compare two cities and find the salary you’d need to keep your standard of living — with a category-by-category breakdown.

Credit Utilization

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Per-card and overall utilization against the 30%/10% guidance — plus the exact paydown to reach a target ratio.

Life Insurance

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How much coverage you need via the DIME method (debt, income, mortgage, education) — not a crude multiple of your income.

Wedding Budget

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Split a wedding budget across categories using typical industry percentages, with the per-guest cost that drives the total.

Discount

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Sale price and amount saved — including stacked discounts (which multiply, not add) and the real out-the-door price with tax.

Percent Off

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Work out the sale price and dollars saved for any percent off — plus stacked "extra % off" coupons (which multiply, not add) and the final price with tax.

Percentage Discount

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Turn a percentage discount into the price you actually pay and the amount you save — with support for a second stacked discount and sales tax.

Overtime

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Gross pay with time-and-a-half and double-time tiers, the overtime premium, and a weekly-to-annual breakdown.

50/30/20 Budget

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Split your take-home pay into needs, wants, and savings on the 50/30/20 rule — a simple, flexible budget framework with the dollar targets worked out for you.

Fuel Cost

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Fuel cost of a trip from distance, fuel economy, and price per gallon — plus cost per mile, to compare routes, vehicles, and the price of a commute

Electricity Cost

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What an appliance costs to run — daily, monthly, and yearly — from its wattage, hours of use, and your price per kWh. Find the quiet energy hogs in your home.

Percentage

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Three percentage questions in one: what is X% of Y, X is what percent of Y, and the percentage change from one number to another — each with the working shown.