Balance Sheet

A company's financial statement that reports the assets, liabilities and net worth at a specific time.


You will notice that assets = liabilities + shareholders' equity. This equation is true for all balance sheets.

If the balance sheet is "consolidated" it just means that the company is a corporate group rather than a single company.




Reading The Balance Sheet - Learn about the components of the statement of financial position and how they relate to each other.

Introduction to Fundamental Analysis - Here's an easy-to-understand tutorial on the techniques of analyzing a company's financial statements, including the annual and quarterly reports, the auditor's report, and much more.

Advanced Financial Statement Analysis - Learn what it means to do your homework before investing in a company. Get a deeper understanding of the structure of financial statements and what they tell you about a company's performance and reporting practices.
Related Terms

Assets

Clean Balance Sheet

Fundamental Analysis

Income Statement

Inventory

Liability

Other Current Assets

Other Long-Term Liabilities

Shareholders' Equity

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