Newmont Q3 2026 Earnings: Record $2.3B Adjusted Profit, $1.9B Back to Shareholders
Newmont Q3 2026 net income rose 35% to $2.48B on $4,317 gold while output fell 8.5%; $1.9B went back to shareholders ahead of the Red Chris decision.
#balance-sheet
Balance Sheet
Balance sheet preparation, analysis, and understanding assets, liabilities, and equity
CME Group Q3 2026 Earnings: Record $1.74B Revenue on 29.4M Contracts a Day
CME Group Q3 2026 revenue rose 13% to a record $1.74B on 29.4M contracts a day; EPS rose 16% to $2.89, but the $154M spread on member collateral is fading.
Callable Debt and Covenant Violations, Explained: When Your Long-Term Loan Lands in Current Liabilities
A covenant breach at the balance sheet date makes long-term debt callable — and callable means current, even if the lender never demands payment.
ADP FY2026 Earnings: $21.9B Revenue, $4.4B Net Income and a $44B Client Float
ADP FY2026 revenue rose 7% to $21.9B and net earnings 8% to $4.4B, while $44B of client payroll funds earned $1.35B of interest.
Cash Ratio Explained: The Strictest Liquidity Test Your Balance Sheet Can Pass
Cash ratio equals cash and equivalents divided by current liabilities; 0.5-1.0 is the healthy zone for most small businesses.
What Is a Classified Balance Sheet? Current vs. Non-Current Sections, What Each Subtotal Tells a Lender, and How to Build One From Your Trial Balance
A classified balance sheet sorts assets and liabilities into current and non-current sections — the subtotals behind working capital and the current ratio.
Sublease Accounting Under ASC 842: How to Split One Lease Into Two Without Breaking Either
Your head-lease liability stays while the sublease adds a second set of books — classify by the underlying asset, present gross, test for impairment.
Statement of Changes in Equity, Explained: The Fourth Financial Statement That Reconciles Profit to Ending Equity
Beginning equity plus profit minus distributions plus new capital equals ending equity — the statement that reconciles each dollar of movement.
Historical Cost vs. Fair Value: Why Your Balance Sheet Records What You Paid, Not What It's Worth
GAAP books assets at what you paid, not what they are worth — except securities, write-downs, and crypto, which follow fair value.
Held for Sale vs. Discontinued Operations: How to Classify a Divested Unit (and Stop Depreciating the Right Assets)
Held for sale freezes depreciation once all six criteria are met; discontinued operations further requires a disposed component that is a strategic shift.
Negative Retained Earnings, Explained: What an Accumulated Deficit Really Means and How to Fix It
Negative retained earnings — an accumulated deficit — means lifetime losses and payouts exceed profits; only future earnings reverse it.
Undeposited Funds on Your Balance Sheet: What the Holding Account Means and How to Clear It
Undeposited Funds holds payments received but not yet deposited. Clear it with bank deposits, not journal entries, or your income gets counted twice.