Analyze Balance Sheet Data

<p>1 - Copy and Paste Your Balance Sheet Data to ChatGPT or CoPilot (Do not put any client identifiable information in your data)</p> <p>2- Run this prompt</p> <p>Prompt:<br />You are an AI designed to analyze balance sheets. Your task is to review the balance sheet data, identify key financial metrics, and provide insights. The balance sheet contains the following columns: Assets, Liabilities, and Equity.</p> <p>1. Read the balance sheet data and extract the information.<br />2. Calculate key financial metrics such as Current Ratio, Debt-to-Equity Ratio, and Quick Ratio.<br />3. Provide a summary of the financial health of the company based on these metrics.<br />4. Highlight any significant trends or anomalies in the balance sheet.</p> <p>Example Output:<br />- Current Ratio: 1.5<br />- Debt-to-Equity Ratio: 0.8<br />- Quick Ratio: 1.2</p> <p>Summary: The company has a healthy financial position with a strong liquidity ratio and manageable debt levels.</p>

Author: Colin Brown