Balance sheet, also known as a statement of financial position, is one of the major financial statements that provides an insight about the company’s financial health. So it is important to see how things are changing over time. Looking at how these figures develop from period to period may help to reveal important trends, detect problems and predict future performance.
By using this Excel Balance Sheet Template, you can easily prepare a balance sheet report, analyze assets’ and liabilities’ structure, and calculate basic financial ratios of your company!
BALANCE SHEET TEMPLATE FEATURES:
The template consists of 3 main sections:
Basically, the flow of the template:
Now, let’s dive into each section of Balance Sheet Template.
Input section is where you can enter information about your assets, liabilities, and equity. It provides a clear and flexible layout, suitable for each and every business.
Here you will input your beginning and end balances along with item descriptions into Assets, Liabilities, and Equity.
Assets section contains those valuable things the company owns, and which can be used to generate cash flows, by either selling them directly or using them to produce other assets or to reduce expenses.
Current assets are those you expect to realize during the next 12 months.
Non-current assets are those you expect to hold for more than 12 months from the date of balance sheet.
LIABILITIES & EQUITY
Liabilities are money amounts that the company owes, either legally or constructively, to other persons. While assets contribute to shareholder value, liabilities do exactly opposite.
Current liabilities are those you expect to settle or pay during the next 12 months.
Non-current liabilities are those you expect to exist for more than 12 months from the date of the balance sheet.
Equity is a residual part of the assets’ value that belongs to the company shareholders, after deducting total liabilities from the aggregate value of its assets.
**You can add as many lines in each section as you need.
After you input the all information above, see the charts and financial ratios on the Dashboard.
Dashboard section of this balance sheet template visualizes your financial information and provides a calculation of basic financial ratios such as:
Working Capital Amount
Current Ratio shows your ability to cover your current liabilities so it should be more than 1. Otherwise, it would be a sign of trouble if you run into financial difficulty.
Debt Ratio shows what share of your assets is financed by debt, and provides a measure of financial risk you’re taken. Normally, shouldn’t be more than 0.7 because higher ratio suggests higher risk.
Debt-To-Equity Ratio shows how much your financial position is leveraged. The more its value, the more financial distress.
Working capital shows how much of your current assets are financed by long-term, rather short-term, sources. Higher working capital indicates your ability to finance current operation without relying on the short-term borrowings.
Last section is an auto-generated blank balance sheet form of this balance sheet template. You can create a consolidated report and email to your bank in just a few seconds.
BALANCE SHEET TEMPLATE FEATURES SUMMARY:
Easy Financial Reporting in Excel
Dashboard with charts
Print Form feature
Works both on Mac and Windows
No installation needed. Ready to use.
Compatible with Excel 2007 and later versions
On Sheet Instructions