{"id":4012,"date":"2024-07-19T02:36:33","date_gmt":"2024-07-19T02:36:33","guid":{"rendered":"https:\/\/margbooks.com\/blogs\/?post_type=web-story&#038;p=4012"},"modified":"2024-07-19T06:23:41","modified_gmt":"2024-07-19T06:23:41","slug":"how-to-decode-the-balance-sheet","status":"publish","type":"web-story","link":"https:\/\/margbooks.com\/blogs\/web-stories\/how-to-decode-the-balance-sheet\/","title":{"rendered":"How to Decode the Balance Sheet"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Roboto%3Awght%40400%3B700&amp;family=Mulish\" rel=\"stylesheet\"\/>\n<style amp-boilerplate=\"\">body{-webkit-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-moz-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-ms-animation:-amp-start 8s steps(1,end) 0s 1 normal both;animation:-amp-start 8s steps(1,end) 0s 1 normal both}@-webkit-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-moz-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-ms-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-o-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}<\/style>\n<p><noscript><\/p>\n<style amp-boilerplate=\"\">body{-webkit-animation:none;-moz-animation:none;-ms-animation:none;animation:none}<\/style>\n<p><\/noscript><\/p>\n<style amp-custom=\"\">\n              h1, h2, h3 { font-weight: normal; }<\/p>\n<p>              amp-story-page {\n                background-color: #131516;\n              }<\/p>\n<p>              amp-story-grid-layer {\n                overflow: visible;\n              }<\/p>\n<p>              @media (max-aspect-ratio: 9 \/ 16)  {\n                @media (min-aspect-ratio: 320 \/ 678) {\n                  amp-story-grid-layer.grid-layer {\n                    margin-top: calc((100% \/ 0.5625 - 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(2 * 74px));\n              }<\/p>\n<p>              .captions-area {\n                padding: 0 32px 0;\n              }<\/p>\n<p>              amp-story-captions {\n                margin-bottom: 16px;\n                text-align: center;\n              }<\/p>\n<p>              amp-story-audio-sticker {\n                height: 100%;\n              }<\/p>\n<p>              .audio-sticker {\n                font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\n              }\n              <\/style>\n<p><meta name=\"web-stories-replace-head-start\"\/><title>How to Decode the Balance Sheet<\/title><link rel=\"canonical\" href=\"https:\/\/margbooks.com\/blogs\/?post_type=web-story&amp;p=4012\"\/><meta name=\"web-stories-replace-head-end\"\/><\/head><body><amp-story standalone=\"\" publisher=\"MargBooks Blogs\" publisher-logo-src=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/01\/cropped-MargBooks-new-Logo-6.jpg\" title=\"How to Decode the Balance Sheet\" poster-portrait-src=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/cropped-different-business-objects-workplace-scaled-1.jpg\"><amp-story-page id=\"685a549b-28db-43dd-a80d-8631eaba429c\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#003bad\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-7a231af0-0e9a-4198-879c-ba0bce572945\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:13.83495%;top:1.61812%;width:72.3301%;height:11.48867%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6711409395973155% 0.6711409395973155% 0.6711409395973155% 0.6711409395973155% \/ 2.8169014084507045% 2.8169014084507045% 2.8169014084507045% 2.8169014084507045%\" id=\"el-ad252272-e26a-4c31-b182-5d5fc160091c\">\n<h1 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.09123322147650935% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.485437em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #cdccf3\">Introduction to Balance Sheets&nbsp;<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:13.83495%;top:16.34304%;width:72.3301%;height:15.37217%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6711409395973155% 0.6711409395973155% 0.6711409395973155% 0.6711409395973155% \/ 2.1052631578947367% 2.1052631578947367% 2.1052631578947367% 2.1052631578947367%\" id=\"el-7bcfcb1b-e58c-4529-a2fc-8a4c8d9a9234\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.09437919463087249% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #f3cce5\">A balance sheet shows a company&#8217;s financial health. It&#8217;s a snapshot of assets, liabilities, and equity at a specific time.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:34.95146%;width:72.3301%;height:53.23625%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-accb0ba2-cb9a-487c-8509-a259dc8b3964\">\n<div style=\"position:absolute;width:110.40269%;height:100%;left:-5.20134%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/accounting-concept-illustration.png\" alt=\"accounting-concept-illustration\" srcSet=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/accounting-concept-illustration.png 2000w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/accounting-concept-illustration-1536x1536.png 1536w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/accounting-concept-illustration-1024x1024.png 1024w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/accounting-concept-illustration-768x768.png 768w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/accounting-concept-illustration-300x300.png 300w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/accounting-concept-illustration-150x150.png 150w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/accounting-concept-illustration-96x96.png 96w\" sizes=\"(min-width: 1024px) 33vh, 72vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"d0a807e8-7fd0-4b8a-9451-dda1532bc036\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-b7e5aa4c-2e1f-4eac-832e-cc83816fe9cf\",\"keyframes\":{\"transform\":[\"scale(1)\",\"scale(1.5)\",\"scale(0.95)\",\"scale(1)\"],\"offset\":[0,0.33,0.66,1]},\"delay\":0,\"duration\":1450,\"easing\":\"ease-in-out\",\"fill\":\"both\",\"iterations\":1}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-7791dd6c-3249-42f2-8ef9-dd84a668665f\",\"keyframes\":{\"transform\":[\"scale(1)\",\"scale(1.5)\",\"scale(0.95)\",\"scale(1)\"],\"offset\":[0,0.33,0.66,1]},\"delay\":0,\"duration\":1450,\"easing\":\"ease-in-out\",\"fill\":\"both\",\"iterations\":1}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-6edb05a2-9f2d-499f-a385-e9d5ad832c28\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-33df7543-22e7-479f-9442-179d635a1f52\",\"keyframes\":{\"transform\":[\"translate3d(116.43835%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#0044c9\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-a6219a13-2986-4bae-823b-a0b02b6b6872\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:17.47573%;top:18.60841%;width:70.87379%;height:19.41748%;opacity:1\">\n<div id=\"anim-6edb05a2-9f2d-499f-a385-e9d5ad832c28\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-33df7543-22e7-479f-9442-179d635a1f52\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(116.43835%, 0px, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.684931506849315% 0.684931506849315% 0.684931506849315% 0.684931506849315% \/ 1.6666666666666667% 1.6666666666666667% 1.6666666666666667% 1.6666666666666667%\" id=\"el-ffdd918f-df93-48aa-bae6-a9e5f2b3d0a0\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.09631849315068493% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #f3e5cc\">Assets are what a company owns. They include cash, inventory, equipment, and property. Assets are divided into current and non-current.&nbsp;<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:15.53398%;top:2.91262%;width:68.68932%;height:12.29773%;opacity:1\">\n<div id=\"anim-7791dd6c-3249-42f2-8ef9-dd84a668665f\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(1)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7067137809187279% 0.7067137809187279% 0.7067137809187279% 0.7067137809187279% \/ 2.631578947368421% 2.631578947368421% 2.631578947368421% 2.631578947368421%\" id=\"el-14dce690-1c20-4836-b03f-1189a91920e6\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-1.209143109540636% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.485437em;line-height:1.4;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">1. Understanding Assets&nbsp;<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.8932%;top:41.42395%;width:72.3301%;height:44.01294%;opacity:1\">\n<div id=\"anim-b7e5aa4c-2e1f-4eac-832e-cc83816fe9cf\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(1)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d0c2b9df-b8fd-4509-9b6c-f4f2f00643e3\">\n<div style=\"position:absolute;width:137.15275%;height:100%;left:-18.57637%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/two-indian-business-man-suits-sitting-office-cafe-looking-laptop.png\" alt=\"two-indian-business-man-suits-sitting-office-cafe-looking-laptop\" srcSet=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/two-indian-business-man-suits-sitting-office-cafe-looking-laptop.png 2000w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/two-indian-business-man-suits-sitting-office-cafe-looking-laptop-1536x1022.png 1536w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/two-indian-business-man-suits-sitting-office-cafe-looking-laptop-1024x681.png 1024w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/two-indian-business-man-suits-sitting-office-cafe-looking-laptop-768x511.png 768w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/two-indian-business-man-suits-sitting-office-cafe-looking-laptop-300x200.png 300w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/two-indian-business-man-suits-sitting-office-cafe-looking-laptop-150x100.png 150w\" sizes=\"(min-width: 1024px) 33vh, 72vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"19bb36d6-a1b9-4050-b25b-4e3448aa5238\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-6444493d-6f8b-448f-a793-55998d96183b\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-c03d1908-a761-48c0-bf0a-6e623d563110\",\"keyframes\":{\"transform\":[\"translate3d(0px, -157.37374%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-3d0cf45c-1e62-433f-a75a-852f155ca86d\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-b29a0c53-a4df-4ae9-a88a-695e52e3276c\",\"keyframes\":{\"transform\":[\"translate3d(-121.56863%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-fdd49894-3257-42b3-904f-b448b26dbe43\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 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style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-b29a0c53-a4df-4ae9-a88a-695e52e3276c\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-121.56863%, 0px, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6535947712418301% 0.6535947712418301% 0.6535947712418301% 0.6535947712418301% \/ 5.555555555555555% 5.555555555555555% 5.555555555555555% 5.555555555555555%\" id=\"el-f480d6cf-7bc5-4583-a56b-d3a7de46d804\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.13786764705882354% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.485437em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">2. Liabilities Explained<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:16.01942%;top:67.1521%;width:71.60194%;height:19.25566%;opacity:1\">\n<div id=\"anim-fdd49894-3257-42b3-904f-b448b26dbe43\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-c93a0663-f663-4665-abb0-aecf638d004c\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(117.28813%, 0px, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6779661016949152% 0.6779661016949152% 0.6779661016949152% 0.6779661016949152% \/ 1.680672268907563% 1.680672268907563% 1.680672268907563% 1.680672268907563%\" id=\"el-d178af1e-3379-44ad-b53d-f9f1609a55c2\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.09533898305084747% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #f3e5cc\">Liabilities are what a company owes. These are debts and obligations, such as loans, accounts payable, and mortgages.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:11.16505%;width:80.58252%;height:35.59871%;opacity:1\">\n<div id=\"anim-6444493d-6f8b-448f-a793-55998d96183b\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-c03d1908-a761-48c0-bf0a-6e623d563110\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, -157.37374%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-50415dd4-75ce-4e60-be26-f54845eb1c62\">\n<div style=\"position:absolute;width:100%;height:100.58089%;left:0%;top:-0.29045%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/tiny-people-trap-credit-card-debt-flat-illustration.png\" alt=\"tiny-people-trap-credit-card-debt-flat-illustration\" srcSet=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/tiny-people-trap-credit-card-debt-flat-illustration.png 2000w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/tiny-people-trap-credit-card-debt-flat-illustration-1536x1024.png 1536w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/tiny-people-trap-credit-card-debt-flat-illustration-1024x682.png 1024w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/tiny-people-trap-credit-card-debt-flat-illustration-768x512.png 768w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/tiny-people-trap-credit-card-debt-flat-illustration-300x200.png 300w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/tiny-people-trap-credit-card-debt-flat-illustration-150x100.png 150w\" sizes=\"(min-width: 1024px) 36vh, 81vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"d3d1cfdd-f4bb-4f74-8130-becc36a103c9\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-d840ef20-b6d6-4c46-a97b-c92bffca6440\",\"keyframes\":[{\"offset\":0,\"transform\":\"translate3d(0, -164.84246%, 0)\",\"easing\":\"cubic-bezier(.5, 0, 1, 1)\"},{\"offset\":0.29,\"transform\":\"translate3d(0, 0%, 0)\",\"easing\":\"cubic-bezier(0, 0, .5, 1)\"},{\"offset\":0.45,\"transform\":\"translate3d(0, -46.353699752%, 0)\",\"easing\":\"cubic-bezier(.5, 0, 1, 1)\"},{\"offset\":0.61,\"transform\":\"translate3d(0, 0%, 0)\",\"easing\":\"cubic-bezier(0, 0, .5, 1)\"},{\"offset\":0.71,\"transform\":\"translate3d(0, -15.758939176%, 0)\",\"easing\":\"cubic-bezier(.5, 0, 1, 1)\"},{\"offset\":0.8,\"transform\":\"translate3d(0, 0%, 0)\",\"easing\":\"cubic-bezier(0, 0, .5, 1)\"},{\"offset\":0.85,\"transform\":\"translate3d(0, -5.917844314%, 0)\",\"easing\":\"cubic-bezier(.5, 0, 1, 1)\"},{\"offset\":0.92,\"transform\":\"translate3d(0, 0%, 0)\",\"easing\":\"cubic-bezier(0, 0, .5, 1)\"},{\"offset\":0.96,\"transform\":\"translate3d(0, -2.5715423759999996%, 0)\",\"easing\":\"cubic-bezier(.5, 0, 1, 1)\"},{\"offset\":1,\"transform\":\"translate3d(0, 0%, 0)\",\"easing\":\"cubic-bezier(0, 0, .5, 1)\"}],\"delay\":0,\"duration\":2000,\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-de7b505f-7cd0-44fa-adb5-a7867b0d43ce\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-76d02687-98e0-4dd7-a09b-21b4c6f62760\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-8841e4e3-e18a-4c79-b006-281f28cd8ace\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-47c5c9e8-62a4-4d5d-82e5-cd8d31d85e22\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:13.34951%;top:-17.96117%;width:73.54369%;height:54.20712%;opacity:1\">\n<div id=\"anim-d840ef20-b6d6-4c46-a97b-c92bffca6440\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0, -164.84246%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-e982655d-4cef-47d7-9adb-363a4ca4e6c8\">\n<div style=\"position:absolute;width:110.56106%;height:100%;left:-5.28053%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/equality-lettering-with-toy-man-woman.png\" alt=\"equality-lettering-with-toy-man-woman\" srcSet=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/equality-lettering-with-toy-man-woman.png 2000w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/equality-lettering-with-toy-man-woman-1536x1536.png 1536w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/equality-lettering-with-toy-man-woman-1024x1024.png 1024w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/equality-lettering-with-toy-man-woman-768x768.png 768w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/equality-lettering-with-toy-man-woman-300x300.png 300w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/equality-lettering-with-toy-man-woman-150x150.png 150w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/equality-lettering-with-toy-man-woman-96x96.png 96w\" sizes=\"(min-width: 1024px) 33vh, 74vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.07767%;top:51.45631%;width:69.41748%;height:5.82524%;opacity:1\">\n<div id=\"anim-de7b505f-7cd0-44fa-adb5-a7867b0d43ce\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6993006993006993% 0.6993006993006993% 0.6993006993006993% 0.6993006993006993% \/ 5.555555555555555% 5.555555555555555% 5.555555555555555% 5.555555555555555%\" id=\"el-4116206c-c25c-45c2-ad80-379ec4d32cd3\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.14750874125874125% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.485437em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #f3e5cc\">3. Equity Overview<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.07767%;top:61.97411%;width:74.27184%;height:19.25566%;opacity:1\">\n<div id=\"anim-76d02687-98e0-4dd7-a09b-21b4c6f62760\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-8841e4e3-e18a-4c79-b006-281f28cd8ace\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6535947712418301% 0.6535947712418301% 0.6535947712418301% 0.6535947712418301% \/ 1.680672268907563% 1.680672268907563% 1.680672268907563% 1.680672268907563%\" id=\"el-b2fbd66b-d3a9-46c7-88d8-7de09c69b63f\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.09191176470588235% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Equity represents the owners&#8217; claim after liabilities are settled. It&#8217;s calculated as assets minus liabilities and includes retained earnings.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"30930adf-03dc-4b6a-8fef-60445bdfef71\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-88b9cdea-e352-417c-99e1-833c72d9e11a\",\"keyframes\":{\"opacity\":[1,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-fa4b6080-1328-488f-af72-41f44d34f985\",\"keyframes\":{\"transform\":[\"scale(3)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-3fbf7e37-34db-4afd-90b8-377d6477fb24\",\"keyframes\":{\"transform\":[\"scale(1)\",\"scale(1.5)\",\"scale(0.95)\",\"scale(1)\"],\"offset\":[0,0.33,0.66,1]},\"delay\":0,\"duration\":1450,\"easing\":\"ease-in-out\",\"fill\":\"both\",\"iterations\":1}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-1d57b19a-64c0-427f-8054-c6da41b6d594\",\"keyframes\":{\"transform\":[\"translate3d(-119.06251%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(.2, 0, .8, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-094e2407-b6f4-48bc-bd08-4e0bf550565c\",\"keyframes\":{\"transform\":[\"rotateZ(-180deg)\",\"rotateZ(0deg)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(.2, 0, .5, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#347eff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c398b032-fea3-4dc4-9ebe-537ef635962b\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:18.93204%;width:65.29126%;height:19.57929%;opacity:1\">\n<div id=\"anim-3fbf7e37-34db-4afd-90b8-377d6477fb24\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(1)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7434944237918215% 0.7434944237918215% 0.7434944237918215% 0.7434944237918215% \/ 1.6528925619834711% 1.6528925619834711% 1.6528925619834711% 1.6528925619834711%\" id=\"el-30f16ec0-db2c-4adb-b846-a3920099c08d\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.20446096654275053% 0;font-family:&quot;Mulish&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">The balance sheet is divided into two sections: assets on one side, and liabilities and equity on the other. Both sides must balance.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.75081%;width:70.14563%;height:11.48867%;opacity:1\">\n<div id=\"anim-88b9cdea-e352-417c-99e1-833c72d9e11a\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:none\">\n<div id=\"anim-fa4b6080-1328-488f-af72-41f44d34f985\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(3)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6920415224913495% 0.6920415224913495% 0.6920415224913495% 0.6920415224913495% \/ 2.8169014084507045% 2.8169014084507045% 2.8169014084507045% 2.8169014084507045%\" id=\"el-ecf87e4b-d68f-4735-bf13-851b03fda131\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.14597750865051903% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.485437em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #f3e5cc\">4. Reading the Balance Sheet<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:43.20388%;width:77.6699%;height:50.48544%;opacity:1\">\n<div id=\"anim-1d57b19a-64c0-427f-8054-c6da41b6d594\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-119.06251%, 0px, 0)\">\n<div id=\"anim-094e2407-b6f4-48bc-bd08-4e0bf550565c\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:rotateZ(-180deg)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-aa8fd49a-c06d-4bd2-b7b9-2abc22e13e6f\">\n<div style=\"position:absolute;width:112.39194%;height:100%;left:-6.19597%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/statistics-bar-with-invoice-document-dataphone.png\" alt=\"statistics-bar-with-invoice-document-dataphone\" srcSet=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/statistics-bar-with-invoice-document-dataphone.png 2000w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/statistics-bar-with-invoice-document-dataphone-1536x1332.png 1536w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/statistics-bar-with-invoice-document-dataphone-1024x888.png 1024w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/statistics-bar-with-invoice-document-dataphone-768x666.png 768w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/statistics-bar-with-invoice-document-dataphone-300x260.png 300w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/statistics-bar-with-invoice-document-dataphone-150x130.png 150w\" sizes=\"(min-width: 1024px) 35vh, 78vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"b0a17975-50ed-4942-a231-fac486b74e4c\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-0e01a8d9-f3de-460a-9b3e-04673b7cd090\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-36298b84-6045-4ba0-a03e-875870540eb9\",\"keyframes\":{\"transform\":[\"translate3d(0px, 267.82824%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-4df29e38-e1a0-4619-af0f-e6188a7cb37e\",\"keyframes\":{\"transform\":[\"translate3d(109.11949%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-88273d44-6cad-4d3f-876a-a5e722e11e38\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-a1d53155-f1cc-4cd4-b94a-99e13a360844\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-fe65454c-51d8-426c-96d1-b348249c25dd\",\"keyframes\":{\"transform\":[\"translate3d(-124.66667%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-6a784605-60d7-4842-8323-37fac1975a7d\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-2b9ffa14-57f4-4f46-9fc9-4cb68fc886aa\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#437ff2\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-6af2abfd-3e9d-4859-bbb4-7e14f95dc830\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:15.7767%;top:60.19417%;width:77.18447%;height:11.48867%;opacity:1\">\n<div id=\"anim-4df29e38-e1a0-4619-af0f-e6188a7cb37e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(109.11949%, 0px, 0)\">\n<div id=\"anim-88273d44-6cad-4d3f-876a-a5e722e11e38\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-a1d53155-f1cc-4cd4-b94a-99e13a360844\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.628930817610063% 0.628930817610063% 0.628930817610063% 0.628930817610063% \/ 2.8169014084507045% 2.8169014084507045% 2.8169014084507045% 2.8169014084507045%\" id=\"el-4726ba8c-a26c-4019-866a-a59baf974920\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.13266509433962265% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.485437em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #f3e5cc\">5. Key Balance Sheet Ratio<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.96117%;top:76.53722%;width:72.81553%;height:19.41748%;opacity:1\">\n<div id=\"anim-fe65454c-51d8-426c-96d1-b348249c25dd\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-124.66667%, 0px, 0)\">\n<div id=\"anim-6a784605-60d7-4842-8323-37fac1975a7d\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-2b9ffa14-57f4-4f46-9fc9-4cb68fc886aa\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6666666666666667% 0.6666666666666667% 0.6666666666666667% 0.6666666666666667% \/ 1.6666666666666667% 1.6666666666666667% 1.6666666666666667% 1.6666666666666667%\" id=\"el-1946813b-0ac0-4426-a027-f36ce8beb778\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.09375% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Important ratios like the current ratio (assets\/liabilities) help assess liquidity. The debt-to-equity ratio evaluates financial leverage.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:13.91586%;width:80.09709%;height:35.59871%;opacity:1\">\n<div id=\"anim-0e01a8d9-f3de-460a-9b3e-04673b7cd090\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-36298b84-6045-4ba0-a03e-875870540eb9\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 267.82824%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-0020b67f-0444-455d-be72-18dbbc30aac5\">\n<div style=\"position:absolute;width:100.02502%;height:100%;left:-0.01251%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/2020-economy-chart-table.png\" alt=\"2020-economy-chart-table\" srcSet=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/2020-economy-chart-table.png 2000w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/2020-economy-chart-table-1536x1024.png 1536w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/2020-economy-chart-table-1024x682.png 1024w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/2020-economy-chart-table-768x512.png 768w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/2020-economy-chart-table-300x200.png 300w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/2020-economy-chart-table-150x100.png 150w\" sizes=\"(min-width: 1024px) 36vh, 80vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"7244f52a-0b7c-41ec-8d53-c22ff9f74794\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-7d459c29-dbf3-4ac7-9c01-3072c201ae44\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-bde7654f-2d2f-4b8a-af09-48ecb46cc1c5\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-eb90017f-39e0-4a45-a064-9905717473c1\",\"keyframes\":{\"opacity\":[1,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-36861fc2-c9b5-4012-b740-8c1838419a0e\",\"keyframes\":{\"transform\":[\"scale(3)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-69976ba0-a621-4e6a-b0d3-63e909e34393\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-8f81e0e7-b5a9-4337-8c35-f1ae92b5eb01\",\"keyframes\":{\"transform\":[\"translate3d(0px, -523.71625%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#6d9fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ec4153a3-82f6-40b8-b6ef-76684f94986d\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.07767%;top:62.13592%;width:68.68932%;height:5.82524%;opacity:1\">\n<div id=\"anim-eb90017f-39e0-4a45-a064-9905717473c1\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:none\">\n<div id=\"anim-36861fc2-c9b5-4012-b740-8c1838419a0e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(3)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7067137809187279% 0.7067137809187279% 0.7067137809187279% 0.7067137809187279% \/ 5.555555555555555% 5.555555555555555% 5.555555555555555% 5.555555555555555%\" id=\"el-04a056f6-4614-4a6a-bfd4-ead41c28950c\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.14907243816254417% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.485437em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #f3e5cc\">6. Analyzing Trend<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:4.04531%;width:79.85437%;height:53.72168%;opacity:1\">\n<div id=\"anim-7d459c29-dbf3-4ac7-9c01-3072c201ae44\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-bde7654f-2d2f-4b8a-af09-48ecb46cc1c5\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ba3c15ad-ed8e-47f8-a760-539d92cbf0e9\">\n<div style=\"position:absolute;width:100.91185%;height:100%;left:-0.45592%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/coronavirus-financial-recovery-concept.png\" alt=\"coronavirus-financial-recovery-concept\" srcSet=\"https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/coronavirus-financial-recovery-concept.png 2000w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/coronavirus-financial-recovery-concept-1536x1536.png 1536w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/coronavirus-financial-recovery-concept-1024x1024.png 1024w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/coronavirus-financial-recovery-concept-768x768.png 768w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/coronavirus-financial-recovery-concept-300x300.png 300w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/coronavirus-financial-recovery-concept-150x150.png 150w,https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2024\/07\/coronavirus-financial-recovery-concept-96x96.png 96w\" sizes=\"(min-width: 1024px) 36vh, 80vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.07767%;top:72.3301%;width:68.68932%;height:19.25566%;opacity:1\">\n<div id=\"anim-69976ba0-a621-4e6a-b0d3-63e909e34393\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-8f81e0e7-b5a9-4337-8c35-f1ae92b5eb01\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, -523.71625%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7067137809187279% 0.7067137809187279% 0.7067137809187279% 0.7067137809187279% \/ 1.680672268907563% 1.680672268907563% 1.680672268907563% 1.680672268907563%\" id=\"el-33a6722f-73ef-4a69-9820-09a85cea7254\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.0993816254416961% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Compare balance sheets over multiple periods to spot trends. Look for growth in assets, changes in liabilities, and equity fluctuations.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"f7d33660-69b0-4840-806b-264519f8aee6\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-7570a4bb-bdbc-46b7-8b73-a6a9d76ffcad\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-004f7e1e-d431-4fe5-9437-aecaf1a1feb2\",\"keyframes\":{\"transform\":[\"translate3d(0px, -260.05986%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 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