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Financials

Balance Sheet

A snapshot of assets, liabilities, and equity at a point in time.

Balance Sheet

The balance sheet answers: Is the business solvent and liquid?

Key concepts

  • Assets: What the company owns
  • Liabilities: What the company owes
  • Equity: Assets minus liabilities

Quick checks

  • Cash vs debt
  • Total liabilities trend
  • Whether equity is growing over time