Description
"Cash and Cash Equivalents: This is the amount of cash on hand and in bank accounts, plus any investments that can be quickly converted to cash. You can find this data in your company's bank statements and financial records."
Accounts Receivable: Money owed to your company by customers for products or services already delivered but not yet paid for. This information is typically tracked in your accounting software or financial ledgers.
"Prepaid Expenses: Payments made in advance for goods or services to be received in the future, like insurance or rent. This data is found in your financial records."
"Other Current Assets: Includes any other assets that are expected to be converted into cash, sold, or consumed within one year. These might be short-term investments or inventory, depending on your business's nature."
Total Current Assets: The sum of all current assets. This is a calculated value (sum of the above items).
Non-Current Assets
"Property and Equipment: The cost of physical assets like buildings, computers, and furniture. You'll find this in your fixed asset register or financial statements."
"Intangible Assets: Non-physical assets like patents, trademarks, and software. These values are usually determined at the time of acquisition and are found in financial records."
Goodwill: An intangible asset that arises when a company is purchased for more than the fair value of its net identifiable assets. This is typically calculated during mergers or acquisitions.
"Other Non-Current Assets: Long-term assets not fitting into the above categories, possibly including long-term investments or loans to others."
Total Non-Current Assets: The total value of assets that are not likely to be converted to cash within one year. It's a sum of the above items.
Total Assets: The sum of total current and non-current assets.
Current Liabilities
Accounts Payable: Money your company owes to suppliers or vendors. This information comes from your accounts payable ledger.
Short-Term Debt: Debts and loans that are due within one year. These figures are found in your loan agreements and financial records.
"Accrued Liabilities: Expenses that have been incurred but not yet paid, like wages or taxes. These are tracked through your accounting system."
Deferred Revenue: Payments received for services or products to be delivered in the future. This is common in SaaS businesses with subscription models.
Other Current Liabilities: Any other liabilities due within one year that don't fit into the above categories.
Total Current Liabilities: The total of all current liabilities.
Non-Current Liabilities
Long-Term Debt: Loans and other debts that are not due within the next year.
Deferred Tax Liabilities: Taxes that have been accrued but are not due to be paid in the current year.
Other Non-Current Liabilities: Any long-term liabilities not included above.
Total Non-Current Liabilities: The sum of all non-current liabilities.
Equity
Common Stock: The value of shares issued to shareholders.
Retained Earnings: Profits that have been reinvested in the business rather than distributed to shareholders.
Additional Paid-In Capital: Money paid by investors above the par value of the stock.
"Other Equity: Any other form of equity, like treasury stock or stock options."
Total Equity: The total value of all equity.
Total Liabilities and Equity: The sum of total liabilities and total equity.
Where to Find This Data:
Accounting Software: Many of these values are tracked and calculated by your business's accounting software.
Financial Statements: Regular financial statements like the income statement and cash flow statement provide much of this information.
Bank Statements: For cash and cash equivalents.
Loan Agreements: For details on debts and liabilities.
Asset Registers: For details on physical and intangible assets.