balance sheet

American  

noun

Accounting.

1. a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal.

2. a statement of the financial position of a business on a specified date.

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balance sheet British  

noun

1. a statement that shows the financial position of a business enterprise at a specified date by listing the asset balances and the claims on such assets

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balance sheet Cultural  

1. An orderly account of the assets of a company or individual and of the financial claims on those assets by others.

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Etymology

Origin of balance sheet

First recorded in 1830–40

Example Sentences

Larger companies are better placed due to stronger balance sheets and pricing power, while smaller companies are supported by government tax and regulatory relief measures, he adds.

From The Wall Street Journal

“Those conversions, where Polestar strengthens its balance sheet, serves the interests of both companies, and supports the successful continuation of the partnership.”

From The Wall Street Journal

“These companies have strong balance sheets and can act as relative havens in periods of uncertainty,” Mahajan said.

From Barron's

The mega market capitalization tech companies have massive balance sheets and little debt in aggregate.

From Barron's

Holing pressure putt after pressure putt to dominate golf tournaments does not equip one to understand a balance sheet, cashflow projection or forecast rights revenues.

From BBC