top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What is balance sheet and off balance sheet?

+1 vote
What is balance sheet and off balance sheet?
posted Jul 17, 2017 by Mukul Chag

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Balance sheet

A balance sheet is a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by shareholders.

Off-balance sheet
Off-balance sheet (OBS), or Incognito Leverage, usually means an asset or debt or financing activity not on the company's balance sheet. Total return swaps are an example of an off-balance sheet item. Some companies may have significant amounts of off-balance sheet assets and liabilities

answer Jul 18, 2017 by Tanmay