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This article presents a new method to assess the financial situation, developed by John Zietlowa, and its use to estimate the Financial Health Index for three entities: * non-profit organization whose aim is to educate people not connected professionally with the legal system, * trading company - a network of grocery stores, * a financial institution - one of the leading banks in Poland. Job involve not only the presentation of the method, manner and methodology of calculation. It also relates to the problem of practical use FHI. The issue of the application is primarily due to the fact that it was created in order to assess the financial condition of non-profit organizations. Article points out, however, that the use of FHI combined with the basic knowledge about the activities of the company and the segment in which it operates, allows to determine the financial position of the entity. |