The Balance Sheet is a statement that shows the financial position of the business or an organization at any point of time. It records the assets and liabilities of the business at the end of the accounting period after the preparation of trading and profit and loss accounts.
About Balance sheet with Ratios Free Excel Template
You can use this this template for balance sheet to capture the details on assets and liabilities. This template is useful for medium and small scale businesses and organization.
Once the figures in assets and liabilities are there, the financial ratios deck in this template gets automatically updated. Hence, this is a dual feature template wherein balance sheet and financial ratios can be computed at once.
Also, Excel lets you do more in less time. You can also explore other balance sheet templates available at Excel Downloads –
- Simple balance sheet format for small and medium business owners
- Blue balance sheet format downloadable excel template
- Financial Ratios and working capital computation Excel Template
- Balance sheet and ratios computation excel template
Why is balance sheet essential ?
Balance sheet is essential for any company to know the current financial position, compare it with the previous financial positions. Furthermore, balance sheet is a document which can allow external stakeholders to understand the affairs of the company in a professional manner. External Stakeholders like banks can easily assess the financial position of the company and grant loans and credits.
Also, Investors can analyze the overall performance of the business. This can be done by simply having a traditional analysis of the balance sheet. This can also be done with financial ratios like current ratio, quick ratio etc. You can find these ratios in this excel templates as well.
Download and use Balance sheet with Ratios Free Excel Template
To use this free excel template, you should have Microsoft Office/ Microsoft Excel installed in your system. After installing Excel or Spreadsheet, download the zip file of this template.
Now, extract the template using WinRAR or 7Zip decompressing software. Once extracted, you can open the file using Excel and start entering data or customizing the template.
