This is actually why the balance sheet is more important than the income stateme... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		mediaman on Feb 10, 2023 \| parent \| context \| favorite \| on: My fifth year as a bootstrapped founder This is actually why the balance sheet is more important than the income statement. The income statement can obfuscate what's happening to cash flow. A close study of the balance sheet reveals whether working capital is consuming retained earnings.

fsckboy on Feb 11, 2023 [–]

of course, you could always look at the third leg of the three legged stool, the cash flow statement.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact