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By author Morgan Jassen on wieldsilver.com

2021-03-07 12:56

What is a Balance Sheet?

Every public company (private ones too) has a balance sheet.

Here are some basics of a balance sheet:

• A company's balance sheet shows the health of the company at this moment in time.

• On the balance sheet, (Assets) = (Liabilities + Equity).

• On the balance sheet, more "cash" and less "debt" may help a company weather tough times.

In conclusion, that's some basics of a balance sheet.

Update -- also see: https://www.meetup.com/Investing-Meetup-Group/discussions/6755397670963571/chat/

† For silver-gram valuation see: https://wieldsilver.com/2021/blog/2021-01-25-0000-morgan-silver-gram-value-calculation.html
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