Trying to do better • 8m
Day 7 About Basic Finance and Accounting Concepts Here's Some New Concepts 8. Liquid Assets Easily convertible into cash without a significant loss in value. Examples: cash, cash equivalents, and accounts receivable. 9. Illiquid Assets Assets that are harder to convert to cash quickly or may lose value if sold quickly. Examples: real estate, art, collectibles, and certain machinery.
Trying to do better • 8m
Day 5 About Basic Finance and Accounting Concepts Here's Some New Concepts An asset is anything that an individual, company, or government owns that holds value and can generate future benefits. Assets are essential components in financial accounti
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Day 6 About Basic Finance and Accounting Concepts Here's Some New Concepts 3. Tangible Assets Physical assets that have a physical form and can be touched. Examples: machinery, real estate, vehicles, inventory, and office supplies. 4. Intangibl
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Daily dose of financial ratios by Anirudh Gupta Quick ratio: =Quick assets/Current liabilities Where quick assets means, (current assets-inventory) Purpose: -Unlike the current ratio (as we have discussed in the previous post), the quick ratio s
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Fellas, I'm doing a self-post challenge where I'm going to explain a business term briefly every day Today's term: Assets Assets are resources that are owned by a company that provide economic value and future benefits such as generating income, im
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Who is the real richest man in the world? Warren Buffett – $149 Billion in Liquid Assets Bill Gates – $20 to $30 Billion in Cash Reserves Larry Ellison – $10 to 15 Billion in Liquidity Jeff Bezos – $5 to $10 Billion in Liquid Net Worth Elon Musk –
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Day 9 About Basic Finance and Accounting Concepts Here's Some New Concepts 2. Non-Current (Long-Term) Liabilities Non-current liabilities are long-term debts that are due beyond one year. These are generally used to fund large purchases or investme
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Day 8 About Basic Finance and Accounting Concepts Here's Some New Concepts In finance, Liabilities represent obligations or debts that an individual or organization owes to others. They indicate an outflow of resources, either cash or services, that
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MakeMyTrip's net profit plummeted by 83% to $29.2 million in the fourth quarter of fiscal year 2025, compared to $171.9 million in the same period last year. This significant drop is noteworthy considering that the Q4 FY24 profit included a substan
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Day 11 About Basic Finance and Accounting Concepts Here's Some New Concepts Equity, in finance, represents the ownership value held by shareholders in a company. It is essentially the difference between a company's total assets and its total liabili
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