8+ Cool Condensed Balance Sheet Format

Dataset based on unaudited data.

Condensed balance sheet format. Inventories percentage decreased from 116 to 99 overall. Receivables percentage decreased from 166 in 2007 to 119 in 2015. This ratio analyzes the companys liquidity by using its current asset to pay the current liability.

Condensed financial statements are a summary form of a companys income statement balance sheet and cash flow statement usually combined into a single document. Common Size of Colgates Balance Sheet. The following is an example of a review report on a condensed balance sheet as of March 31 19X1 and the related condensed statements of income and cash flows for the three-month periods ended March 31 19X1 and 19X0 together with a report on a condensed balance sheet derived from audited financial statements as of December 31 19X0 included.

Ad Over 2000 Essential Templates to Start Organize Manage Grow Your Business in 1 Place. Condensed financial statements are a highly aggregated version of the financial statements where most of the line items are summarized into just a few lines. The balance sheet is basically a report version of the accounting equation also called the balance sheet equation where assets always equation liabilities plus shareholders equity.

A Condensed Balance Sheet Figures at the end of the current interim period Figures at the end of the previous accounting year I. For example the assets section of a typical balance sheet is divided into current and long-term assets. This form of presentation may be used in combination with a complete set of condensed financial statements when the intent is to present just the highlights of an entity s assets liabilities and equity.

Cash and Cash equivalents as a percentage of total assets increased substantially from 56 in 2008 to 81 in 2014. Values are in millions of US equivalent rounded to 2 decimal places. Quick Ratio Current Assets Inventory Current Liabilities.

This approach is used to simplify the presentation of information sometimes into a single page for all three of the financial statements. A condensed balance sheet reduces the information from a standard balance sheet to a few lines. Our goal is to make raw data publicly available in open data format as soon as it is approved for public release through other channels.