Significance of Balance-sheet
A balance sheet is a financial statement that provides a summary of an organization's assets, liabilities, and equity. It serves as a key tool for assessing the financial health of a company, offering a snapshot of what the organization owns and owes at a specific point in time. This document is crucial for stakeholders to evaluate the value and sustainability of the business, allowing for informed decisions regarding investments and financial planning.
Synonyms: Financial statement, Balance sheet statement, Financial report, Annual report, Statement of financial position
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
The concept of Balance-sheet in scientific sources
The keyphrase "Balance-sheet" pertains to financial statements that provide a concise summary of an organization's assets, liabilities, and equity, essential for assessing its financial health and stability.
From: Sustainability Journal (MDPI)
(1) The balance sheet serves as the benchmark for banking activities, undergoing a dynamic evolution based on discrete time intervals throughout the analysis.[1] (2) The externalities generated by urban freight may have a detrimental effect on property value and thus impact the balance sheet of property owners.[2] (3) It is the date used to determine if enterprises will be able to continue to operate for at least one year, as stated in the assumption.[3] (4) A financial statement that summarizes a company's assets, liabilities, and equity at a specific point in time.[4] (5) A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time.[5]
From: International Journal of Environmental Research and Public Health (MDPI)
(1) Monitoring is important to enhance the balance sheet, and there is an evolving nature of sustainability reporting in this process.[6] (2) It is a financial statement that reports a company's assets, liabilities, and equity at a specific point in time.[7]
From: South African Journal of Physiotherapy
(1) These financial statements for both the General Fund and the Fund for the Propagation of Professional Knowledge were adopted.[8]