Because buildings aren’t considered current assets, and the project ate through cash reserves, the current ratio could fall below 1.00 until more cash is earned.

CNBC Select explains how to calculate your debt-to-income ratio when applying for a mortgage. Plus: How lenders use your DTI and what's considered a good one.

How to calculate your home’s current market value. To find out how much equity you have, you first need to know your home’s current market value.