Financial Due Diligence

TTM

Short for trailing twelve months. Why it matters: This abbreviation appears often in deal conversations and documents, so owners should connect it back to Trailing Twelve Months before agreeing to anything.

Related terms

Trailing Twelve Months

The most recent 12 months of financial results. Why it matters: This gives owners a clearer way to understand buyer questions, advisor comments, and negotiation tradeoffs during a sale process.

More from Financial Due Diligence

Accounts Payable Accounts Receivable Accrual Accounting AP Aging AR Aging Balance Sheet Bank Reconciliation Budget Cash Flow Statement Cash-Basis Accounting Chart of Accounts Customer Deposits

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