📊 Surety Readiness Scorecard
See what a surety underwriter will compute from your balance sheet — as-given vs as-allowed working capital, fourteen ratio targets, and estimated capacity.
This is the highest-intent tool on the bonding section: if three ratios are red, you know what to fix before you apply.
Interactive Scorecard
Analyzed working capital$925,000
As given WC$1,330,000
Estimated single limit$9,250,000
Estimated aggregate$18,500,000
Ratio scorecard — 11 on target, 2 to watch, 1 below target
| Ratio | Value | Target | Status |
|---|---|---|---|
| Working capital to backlog | 7.7% | over 5% (GC) | good |
| Net worth to backlog | 17.5% | over 7% | good |
| Operating income to revenue | 4.0% | over 3% | good |
| Debt to equity | 0.98× | under 3.0× | good |
| G&A to revenue | 12.0% | under 10% | warn |
| Current ratio (analyzed) | 1.56× | over 1.2× | good |
| Return on equity | 28.6% | over 15% | good |
| Quick ratio | 1.48× | over 1.0× | good |
| Revenue to working capital | 16.22× | under 15× | warn |
| Days sales outstanding | 32 days | under 60 days | good |
| Underbillings to working capital | 21.6% | under 25% | good |
| Cash to working capital | 48.6% | over 20% | good |
| Largest job to backlog | 50.0% | under 30% | bad |
| Gross profit fade | 1.5% | under 2% | good |
Estimates only — not a capacity commitment. Every surety uses its own credit manual.
What this measures
- Analyzed working capital — after disallowing stale receivables, officer loans, and heavy underbillings
- Ratio scorecard — WC/backlog, debt/equity, fade, overtrading, and more
- Estimated capacity — single and aggregate from your analyzed figures
For the full adjustment schedule and definitions, read How Sureties Read Your Financials.
Related Resources
- Bonding Capacity Calculator — backlog consumption and letter-of-authority limits
- WIP Reporting — why WIP quality drives analyzed working capital
- Getting Bonded for the First Time — what to submit and in what order
Estimates only
This scorecard is not a capacity commitment. Every surety uses its own credit manual and multiples.