clean balance sheet

clean balance sheet
clean balance sheet UK US noun [C] FINANCE
if a company has a clean balance sheet, it has very little or no debt: »

When interest rates rise, companies that don't have clean balance sheets face higher borrowing costs.


Financial and business terms. 2012.

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Look at other dictionaries:

  • Clean Balance Sheet — A company’s financial statement that summarizes its assets, liabilities and shareholder equity, and where the company is shown to have very little or no debt. A clean balance sheet indicates the company has no significant debt during the… …   Investment dictionary

  • balance sheet — an important business document that shows what a business owns and owes as of the date shown. Essentially a balance sheet is a list of business assets and their cost on one side and a list of liabilities and owners equity (investment in the… …   Financial and business terms

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  • Clean surplus accounting — method provides elements of a forecasting model that gives price as a function of earnings, expected returns, and change in book value.[1][2] Clean surplus accounting is calculated by not including transactions with shareholders (such as… …   Wikipedia

  • sheet — n. piece of bed linen 1) a bed; cotton; percale sheet 2) a double; fitted; flat; king sized; queen sized; single; twin sheet 3) (misc.) to change the sheets = to put on clean sheets financial statement record 4) a balance sheet 5) (BE) a wages… …   Combinatory dictionary

  • sheet — /Si:t/ noun (C) 1 a large piece of thin cotton or nylon cloth that you put on a bed to lie on or lie under: change the sheets (=put clean sheets on a bed) 2 a thin flat piece of something such as paper, glass, or metal, that usually has four… …   Longman dictionary of contemporary English

  • sheet — noun 1 large piece of fabric used on a bed ADJECTIVE ▪ clean, crisp, fresh ▪ a pile of clean sheets ▪ crumpled, rumpled (esp. AmE) ▪ …   Collocations dictionary

  • IISCO — Infobox Company company name = IISCO company company type = Public Sector Undertaking company slogan = foundation = 1918 location = Burnpur key people = Nilotpal Roy (Managing Director) num employees = 12,000 industry = Iron Steel products =… …   Wikipedia

  • Tanzania Telecommunications Company Limited — Infobox Company company name = Tanzania Telecommunications Company Limited company key people = Bill Beckman CEO, Glen Raboud CFO, Prof. Mathew Luhanga TTCL Board Chairman num employees = under 2,000 (as at July 2007) company type = Public… …   Wikipedia

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