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Asset management companies also tend to have fairly simple balance sheets -- a benefit now that many investors have soured on companies with opaque financial statements.
GAP can only suffice for simple balance sheets that primarily consist of short-term bullet type investments and non mortgage-related assets.
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A simple balance sheet is shown in Table 1.
Editors, who could read manuscripts in three languages, were incapable of reading a simple balance sheet or of evaluating the bottom line.
Although people usually look at federal finances as a simple balance sheet composed of government outlays, i.e. spending, and revenues, i.e. taxes, the most important measure of a nation's fiscal health is its debt burden, usually measured as a ratio of debt to gross domestic product (GDP).
A simple, small balance sheet meant Jefferies could sell itself for a premium price.
Detailed food consumption data are not available for all European countries and so a hierarchical approach was adopted that used simple food balance sheet (FBS) data for all European countries and summarised individual data for countries represented in the European Food Safety Authority database.
Behind and "off" the simple-looking balance sheet is a massively complex set of assets with trillions of dollars in notional amount.
"We have a low-risk, simple and clean balance sheet," he said.
Companies with fortress balance sheets, adept managers and simple business models will weather the crisis and prosper.
Last three years' balance sheets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com