Current Ratio

Three-School Matrix / BELIEVE / FY2024-25 / Current Ratio

BELIEVE Circle City High School · FY2024-25 · Annual Audited · Calculation level: School

Ability to meet obligations coming due within one year.

Formula: Current Assets / Current Liabilities

Meets Standard: ≥1.10 MS · 1.00–1.09 AS · <1.00 DNMS

result

1.31

Published OEIresult

1.31

Status

EXACT MATCH

From Data To Decisions

Formula — MSCS Performance Framework 2025-26

Current Assets / Current Liabilities

Rating threshold: ≥ 1.10 = Meets Standard

Source inputs

Current Assets

Normalized field: current_assets

$1,434,653

26520A.pdf · Statements of Financial Position — School only column · PDF page 4 (printed page 3) · Total current assets

Confidence: High · Structured PDF text extraction · Approved

View source Open file

Current Liabilities

Normalized field: current_liabilities

$1,095,511

26520A.pdf · Statements of Financial Position — School only column · PDF page 4 (printed page 3) · Total current liabilities

Confidence: High · Structured PDF text extraction · Approved

View source Open file

Calculation

$1,434,653 / $1,095,511
= 1.30958
Rounded = 1.31

OEI rating test

≥ 1.10 = Meets Standard

Insights rating:MS

Comparison

1.31 / MS

Salesforce / CAP1.31

Published OEI1.31 / MS

Variance0.00 vs published · 0.00 vs CAP

StatusEXACT MATCH

CAP note: Salesforce/CAP 'OEI FY25 Raw Data from SF', BELIEVE 'Audit 24-25' row: current assets $1,434,653 / current liabilities $1,095,511 = 1.31. Exact agreement.

Reconciliation — Nsites vs OEI

1.31 school-only (as published) vs 1.20 consolidated

Difference: 0.11 · $96,000 of affiliate current liabilities · Likely cause: Entity scope — charter holder vs consolidated organization

Nsites calculation

Nsites calculation — school-only column (matches published)

Current assets (26520A.pdf p. 4): $1,434,653
Current liabilities — charter holder only: $1,095,511
$1,434,653 / $1,095,511: 1.30958

Result

1.31

MS — Meets Standard

OEI assumed methodologyAssumed — reverse-engineered

Alternative — consolidated Believe + Build Believe Properties

Current assets: $1,434,653
Current liabilities — charter holder: $1,095,511
Plus affiliate current liabilities: $96,000
Consolidated current liabilities: $1,191,511
$1,434,653 / $1,191,511: 1.20406

Result

1.20

MS — Meets Standard

Bridge between the two results

Reconciling item	Effect	Why the two calculations differ
Build Believe Properties current liabilities	$96,000 → 0.11 on the ratio	The affiliate is a facility entity. The 2025-26 framework scopes short-term health to the charter holder, so its liabilities are excluded — the treatment that reproduces the published 1.31.

Conclusion: No open variance. Applying the school-only scope reproduces both the published and CAPCAP — Charter Accountability Portal / Corrective Action data setThe intermediate financial data set maintained in Salesforce that OEI and its accountants use when producing published ratings. In this platform CAP values are a validation target for comparison only — they are never used as inputs to a Nsites calculation. figure of 1.31.

Sequencing proof

1. Source documents ingested and classified.
2. Raw values extracted with page/cell coordinates.
3. OEI mapping and accounting treatment applied.
4. Formula executed — targets not in engine memory.
5. Nsites result locked 18:15:05 UTC.
6. Salesforce/CAP and published CQ2 revealed 18:15:41 UTC.

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