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Balance Sheet




The balance sheet, also called statement of financial position, portrays the financial position of the public company by showing what the company owns and what it owes at the report date.


Additional Comments:

The balance sheet may be thought of as a snapshot, since it reports the company's financial position at a specific point in time. Usually balance sheets represent the current period and a previous period so that financial statement readers can easily identify significant changes.

Related Terms:

Cash Flow Statement
A financial statement that adjusts the balance sheet and income statement to see how much money ...

Trading Securities
Stock or bond holdings that a company intends to sell within a short period of time ...

SEC Filings
As a general rule, the banker uses SEC filings to source historical financial information for comparable ...





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