Narrative to the Statistical Section Financial Trends
73
These schedules contain trend information to help the reader understand how the University’s financial performance has changed over time.
• Net Position by Component • Net Position • Changes in Net Position • Operating Expenses by Natural Classification • Combined Sources and Uses
Revenue Capacity
81
These schedules contain information to help the reader assess the University’s revenue sources.
• Principal Revenue Sources • Academic Year Tuition and Required Fees
Composite Financial Index
83
These schedules present information used to determine the Composite Financial Index which is a measurement of the Institution’s financial health based on four core ratios.
• Primary Reserve Ratio • Return Net Position/Net Asset Ratio • Net Operating Revenues Ratio • Viability Ratio
Debt Capacity
86
These schedules present information to help the reader assess the University’s current level of outstanding debt.
• Summary of Ratios • Debt Coverage for Senior and Subordinate Lien Bonds • Long-term Debt
Demographic and Economic Information
90
These schedules contain demographic and economic indicators to help the reader understand the environment in which the University’s financial activities take place.
• Admissions, Enrollment, and Degrees Earned • Demographic Data • Principal Employers
Operating Information
94
These schedules contain service and infrastructure data to help the reader understand how the University’s financial information relates to the activities it performs.
• Faculty and Staff • Capital Assets
72
Arizona State University
2021 ACFR
