Balance sheet impact – Under IFRS, recognition of past service costs are captured in retained earnings, whereas under U.S. GAAP they are reclassified to accumulated other comprehensive income, with ...
Record quarterly revenue of US$1,806K, representing 56% YOY increaseStrong gross profit and Adjusted EBITDA1 despite higher costs for capacity expansionImproved balance sheet with Omni-Lite repayment ...
MONTREAL, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of ...
You can spot creative accounting practices on a company's balance sheet by analyzing its assets, liabilities, and equity. Overstating assets and/or understating liabilities leads to increased net ...
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" (Excellent) of South China Insurance Co., Ltd. (South China Insurance) (Taiwan). The ...
June 1, 2021, Paper: "Since the Global Crisis, the size of central bank balance sheets has grown significantly. Traditional goals of price and financial stability are insufficient for assessing the ...
It attributes the strong balance sheets to robust credit growth during 2023-24. Banks capital to risk weighted assets ratio was 16.8% as of September, with all bank groups meeting the regulatory ...
The asset quality of non-bank finance companies (NBFCs) also improved further in 2023-24 amid a sustained double-digit balance sheet growth, the central bank said. Over the past year, the RBI has ...
Businesses can use balance sheets to develop plans for the future and present a picture of their financial health to investors or other outside ... along with an income statement and a statement ...
The asset quality of non-bank finance companies (NBFCs) also improved further in 2023-24 amid a sustained double-digit balance sheet growth, the central bank said. Over the past year, the RBI has ...
NEW DELHI, Dec 26 (Reuters) - India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February's budget to provide relief to the middle class ...