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Balance sheet |
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Balance sheetForms 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 sheetOne 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 MatchesRemaining principal balanceRemaining principal balanceThe amount of principal dollars remaining to be paid under a mortgage as of a given time. Trade imbalanceTrade imbalanceA trade surplus or trade deficit. Previous balance methodPrevious balance methodMethod of calculating finance charges based on the account balance at the end of the previous month. Balanced budgetBalanced budget1. A government budget surplus that is zero, thus with net tax revenue equalling expenditure. 2. A balanced budget change in policy or behavior is one in which a component of the government budget, usually taxes, is adjusted as necessary to maintain a balanced budget. External balanceExternal balance1. Balance of payments equilibrium. 2. Any target value for the balance on current account, balance on capital account, or balance of payments. Further SuggestionsAverage daily balanceBalance breakdown Balance sheet exposure Payment of balance Balance of trade On balance Balance on current account compensating balance Zero balance account (ZBA) Compensating balance Basic balance balanced mutual fund Capital account balance Balance of payments surplus Balance of payments deficit Debit balance Balance on goods and services Balance of indebtedness Payments imbalance Balance of payments adjustment mechanism Customers net debit balance Basic balance Balance of payments Current account balance Balance of trade |
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