Assets are the economic resources that businesses use in their operations, and in the case of bankruptcy, can use to repay their outstanding debt. Some assets can be converted into cash to repay debts ...

Although many industries share similar assets on their balance sheets, a manufacturer's balance sheet contains additional assets specific to the business its in and the products it sells.

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Hans Daniel Jasperson has over a decade of experience in public policy ...

A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic tenet of double-entry ...

A balance sheet is one of two standardized financial reports produced on a regular basis. It provides information used by professionals in the financial community to analyze company performance and ...

Assets and revenue are very different things. For one, they appear on completely different parts of a company's financial statements. Assets are listed on the balance sheet, and revenue is shown on a ...

Balance sheets consist of assets, liabilities, and shareholders' equity, revealing financial health. Shareholders' equity equals assets minus liabilities and reflects theoretical investor value if a ...