Balancesheet is Snapshot of financial health of a company at that moment.

The details of the financial health of a company are kept as secret as the law allows.

The Z-score uses multiple corporate income and balance sheet values to measure the financial health of a company.

For investors, these reports hold critical information for gauging the financial health of a company and deciding whether to buy more stock or sell, sell, sell!

These documents quantitatively describe the financial health of a company and are used by almost every entity that deals with the company, including the company executives and managers themselves.

The Z-Score is a multivariate formula for a measurement of the financial health of a company and a powerful diagnostic tool that forecasts the probability of a company entering bankruptcy within a 2 year period.

"Prior to WorldCom, I think Wall Street always felt that with enough due diligence in the cash flow statements and financial analysis, one could always be certain where the financial health of a company might lie.