Balance Sheet Beauty

David Frodsham and Heinrich Liechtenstein
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Heinrich Liechtenstein: IESE

Chapter Chapter 2 in Getting Between the Balance Sheets, 2011, pp 11-18 from Palgrave Macmillan

Abstract: Abstract The balance sheet’s elegance comes from the simple idea that what you’re worth (your “equity”) is what you own (“assets”) minus what you owe (“liabilities”). Or, in balance sheet terms, assets equal your liabilities plus equity. Not just simple, but powerful, as we will see.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29497-4_4

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DOI: 10.1057/9780230294974_4

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