That's the size of it

[Pechorin]

Hello.
When I was listening to the radio I heard a man say "That's the size of it". I didnt' listen to the program from the beginnig; what I got was that the man talked about advantages and disadvantages of his business, and he completed one of his passages with the sentece above. I understood it as "That's how things stand". Am I right?

[Beeesneees]

yes.
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