Company reports

Balance Sheet

The financial statement that shows what a company owns (assets) and what it owes (liabilities) on a single day, usually the last day of its fiscal year.

Why does it matter?

It shows how much cash and debt a company has, and how much belongs to its shareholders.

How do I read it?

The two sides always match: assets equal liabilities plus shareholders' equity. Cash, debt and shareholders' equity on StockLab come from it.

Example

A company with $500 million of assets and $300 million of liabilities has $200 million of shareholders' equity: $500 million = $300 million + $200 million.