- The balance sheet provides a snapshot of a company’s assets, liabilities, and equity at a specific point in time. Knowing what to look for, such as current ratio, debt-to-equity ratio, and asset turnover, can aid in evaluating financial stability and

- The balance sheet provides a snapshot of a company’s assets, liabilities, and equity at a specific point in time. Knowing what to look for, such as current ratio, debt-to-equity ratio, and asset turnover, can aid in evaluating financial stability and operational efficiency.?