This would make sense because businesses use liabilities to offset capital intensity and increase return per unit of capital — the asset side of the balance sheet does not tell the whole story. (greenbackd.com)
The bear phase of the cycle is about estimating cash flows, and the strength of balance sheets, to identify who might not survive the bear phase well. (alephblog.com)
But Greek bonds might become part of its balance sheet in different ways. (cnbc.com)