Author Description

There are some basic questions that an investor or a shareholder would have in mind while going through the financial statements of a firm: Ø What are the types of assets of an entity? How valuable are they? Can they be liquidated easily or will they become a risk for the entity over time? Ø What is the value of the debt of an entity in concern? How risky would it be for the entity? Ø What is the value of equity? How can it be of use to an entity? This new edition answers all such queries that are universal to any firm in the world: from explaining the steps to analyze financial statements to analyzing their solvency ratios. However, this time, the readers will also be able to read and understand the index-based common size figures of real-life companies and analyze their solvency position.