
Consolidated Financial Statements
A consolidated financial statement is a comprehensive record that combines the financial information of a parent company and its subsidiaries. It includes assets, liabilities, income, expenses, and other financial data, providing an overall picture of the financial health of the entire group. This statement eliminates intercompany transactions to present a unified financial view, helping stakeholders understand the company's total financial position and performance.
Related Terms
Foreign Direct Investment
Foreign Direct Investment (FDI) refers to the act of acquiring a majority stake in a...
Free Cash Flow
Free cash flow (FCF) in accounting and earnings reports represents the cash a company retains...
Liquidity Risk
Liquidity risk is the chance a company can’t meet its debt obligations due to insufficient...
Average Daily Trading Volume
Average Daily Trading Volume (ADTV) refers to the number of shares of a particular stock...
Income Statement
An income statement is a key financial document detailing a company’s profit, loss, revenue, expenses,...
Cash Conversion Cycle
The Cash Conversion Cycle (CCC) measures the days it takes a company to convert inventory...