Balance sheet


 

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Balance sheet

Forms part of the annual report and is the statement of a value for a company's assets and liabilities and the end of the financial year (balance sheet date). It shows a company's financing through external debt, profit generation and the issuing of share capital.

Balance sheet

One of the main components of a company's Report and Accounts, the balance sheet provides a snapshot of everything the company owes and owns at the end of the financial year in question. On a specific date it lists:tangible assetsintangible assetsstockdebtorscashbank creditorstrade creditorsshare capitalreservesWhere the profit and loss account tells you how the company has performed in the previous year, the balance sheet reveals things about its fundamental health, like whether it can pay its debts and how good its cash management is. A 'strong' balance sheet is one where liabilities (including borrowings) are considerably outweighed by assets (including cash).Significance: if the company is having problems, the balance sheet (together with the cash flow statement) will tell you whether it can stand the strain.



Similar Matches

Current account balance

Current account balance

Balance on current account


Basic balance

Basic balance

In a balance of payments, the basic balance is the net balance of the combination of the current account and the capital account.


Trade balance

Trade balance

Balance of trade.


Trade imbalance

Trade imbalance

A trade surplus or trade deficit.


Average daily balance

Average daily balance

A method for calculating interest in which the balance owed each day by a customer is divided by the number of days. See also: Adjusted balance method and previous balance method.


Further Suggestions

Significant order imbalance
compensating balance
Full Employment and Balance Growth Act of 1978(Humphrey Hawkins Act)
Adjusted debit balance (ADB)
Balance on current account
Low balance method
Balance of payments adjustment mechanism
Improve the trade balance
Compensating balance
Balance breakdown
Adjusted balance method
Balance on goods and services
Balance sheet exposure
Declining Balance Method Of Depreciation
Double declining balance depreciation
Favorable trade balance
Capital account balance
balance of trade
Imbalance
Net cash balance
Balance of payments
Previous balance method
Balance of trade
Balance of payments argument for protection
Outstanding balance


 
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