A basic tenet of double-entry book-keeping is that total assets (what a business owns) must equal liabilities plus equity (how the assets are financed). In other words, the balance sheet must balance.

Here are the basic steps to building a balance sheet: List all assets and their current, fair market value. List all debts and liabilities. Calculate total assets and total liabilities.

In July 2024, Roadzen launched a key initiative to strengthen its balance sheet, primarily by renegotiating and reducing payables associated with the going-public transaction and short-term debt. To ...