• The balance sheet is a financial statement that reflects the assets, liabilities and share capital of the company.
  • The balance sheet is one of the three main financial statements that are used to value a business.
  • It provides a snapshot of the company’s finances (what it owns and owes) as of the publication date.
  • The balance sheet corresponds to an equation that equalizes assets with the sum of liabilities and equity.
  • Fundamental analysts use balance sheets to calculate financial ratios.