Example of a Balance Sheet
XYZ Inc.
Consolidated Balance Sheet
September 30, 2024 |
September 30, 2023 |
|
Assets |
||
Current Assets: |
200 |
100 |
Total Current Assets |
1,400 |
600 |
Non Current Assets: |
100 |
100 |
Total Non Current Assets |
500 |
400 |
Total Assets |
1900 |
1000 |
---|---|---|
Liabilities and Shareholder’s Equity |
||
Current Liabilities: |
100 |
100 |
Total Current Liabilities |
450 |
500 |
Non Current Liabilities: |
150 |
100 |
Total Non-Current Liabilities |
400 |
300 |
Total Liabilities |
850 |
800 |
Shareholders Equity |
550 |
100 |
Total Shareholders’ Equity |
1050 |
300 |
Total Liabilities and Shareholders’ Equity |
1900 |
1100 |
Balance Sheet with Examples
A balance sheet is a type of financial statement that shows the assets, liabilities, and shareholder equity of a business at a certain point in time. The balance sheet serves as the basis for determining investor rates of return and evaluating a company’s financial structure. In a nutshell, the balance sheet is a financial statement that displays the assets and liabilities of a business together with the amount of money spent by shareholders. Balance sheets can be used in conjunction with other important financial documents for financial ratio computations and fundamental analysis.
Key Takeaways:
- A balance sheet is a type of financial statement that shows an organization’s assets, liabilities, and shareholder equity.
- It offers a quick glance into the assets and liabilities of a business as of the publishing date.
- The assets on the balance sheet are equal to the sum of the liabilities and shareholder equity.
- Financial ratios are computed by fundamental analysts using balance sheets.