Balance Sheet Definition

A balance sheet is a financial statement showing a company's assets, liabilities, and equity at a specific point in time.

What is a Balance Sheet?

A balance sheet gives a snapshot of what a company owns and owes, and the value left for shareholders once liabilities are settled.

Traders and investors use balance sheets alongside income statements to assess a company's financial stability.

A company with $5 million in assets and $2 million in liabilities has $3 million in shareholder equity on its balance sheet.

A bar chart is a price chart that shows the open, high, low, and close for a security over a set period using vertical bars.

The base currency is the first currency listed in a currency pair, against which the second currency is quoted.

A basis point is a unit equal to one hundredth of a percentage point, commonly used to describe changes in interest rates or yields.