Glossary entry (derived from question below)
Spanish term or phrase:
Sólido balance
English translation:
solid balance sheet
Spanish term
Sólido balance
$882.689 millones ventas netas
$91.842 millones EBITDA
What's the meaning of solid here?
| 4 +2 | solid balance sheet |
Ana Vozone
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| 5 +1 | strong P&L statement |
Giovanni Rengifo
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| 5 | strong balance sheet |
Shaun Richards
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| 3 +1 | sound balance sheet |
Adrian MM.
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| 4 -3 | Strong balance |
Francois Boye
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Jul 1, 2024 19:31: Ana Vozone Created KOG entry
Non-PRO (1): Yvonne Gallagher
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Proposed translations
Will do!
Native in: Portuguese (Variant: European/Portugal) 
Works in: English to Portuguese, French to Portuguese, German to Portuguese, and 1 more.
solid balance sheet
Not to mention - bankers love nothing more than seeing a solid balance sheet with healthy cash reserves and a balanced capital structure
| agree |
Andrew Bramhall
: Most likely;
1 min
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Thank you, Andrew!
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| agree |
Jennifer Levey
35 mins
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Thank you, Jennifer!
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| agree |
philgoddard
7 hrs
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Thank you, Phil!
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| disagree |
Francois Boye
: 'Ventas netas' and EBITDA aren't balance sheets//The balances you mention are operating account balances. They have nothing to do with a balance sheet
9 hrs
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Really? Strong figures for net sales and EBITDA *reflect* a solid balance sheet, or don't they?//Let's agree to disagree, sorry you don't understand my writing.
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| neutral |
Luis M. Sosa
: With Francois.
20 hrs
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Of course they are not balance sheets. But they can be a sign of the solidness of the balance sheet... The solid balance sheet is a consequence (among other factors) of good net sales and EBITDA. Correct?
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Colombia
Traductores Oficiales Cali
Native in: Spanish 
Works in: Spanish to English, English to Spanish, German to Spanish, and 2 more.
strong P&L statement
| neutral |
Jennifer Levey
: 'strong' is OK, but there's no mention of 'P&L' in the question - only sales and earnings.
51 mins
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You're right. I misread the question. They're referring to the "balance sheet" here.
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| agree |
Luis M. Sosa
: A falta de contexto, siendo ventas y EBITDA parte el P&L, estoy de acuerdo.
21 hrs
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United Kingdom
Fast turnaround, ES>EN translator.
Native in: English
Works in: Spanish to English, English, Spanish, and 1 more.
strong balance sheet
The strength of a company's balance sheet can be evaluated by three broad categories of investment-quality measurements: working capital, or short-term liquidity, asset performance, and capitalisation structure.
A strong balance sheet goes beyond just necessary accounting; businesses with strong balance sheets are more likely to survive economic downturns and be ready to drive strong growth when the environment flourishes once more.
| disagree |
Francois Boye
: 'Ventas netas' and EBITDA aren't balance sheets.
8 hrs
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It reads like a financial summary to me. A strong balance sheet, net sales of $$$, earnings before interest, taxes, depreciation, and amortization (EBITDA) of $$$.
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| agree |
philgoddard
: I don't think this is an improvement on 'solid', but I'm just agreeing because Francois has disagreed.
14 hrs
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Thanks. I think solid, strong, and sound all work. I'm just used to hearing strong, or it being referred to as the strength of a company's balance sheet.
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| neutral |
Luis M. Sosa
: With Francois.
20 hrs
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Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: Scottish, British)
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
sound balance sheet
In general, superior return on equity and a sound balance sheet are important criteria in the individual security selection process
Companies with a strong balance sheet, solid past performance, and high return on equity.
| agree |
patinba
: The question isabout the word "sólido" in the context of financial statements in general (which ones in particular is not elevant). In finance "sound" is the term most commonly used.
1 hr
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| agree |
Richard Cadena
6 hrs
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| neutral |
Luis M. Sosa
: Ventas and EBITDA are not in the balance sheet but in the P & L.
19 hrs
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| disagree |
Francois Boye
: See the comments by Luis Sosa
21 hrs
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United States
An economic geek with social skills
Native in: French
Works in: English to French, French to English, Spanish to English, and 1 more.
Strong balance
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Note added at 1 day 1 hr (2024-06-28 16:51:09 GMT)
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https://en.wikipedia.org/wiki/Balance_(accounting)#:~:text=I...
| disagree |
philgoddard
: You can't use 'balance' like this in English. And your disagrees with others' answers are wrong - sales and EBITDA are not being cited as examples of balance-sheet items.
5 hrs
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The concept of balance is an accounting concept. What's the problem? On top of that, the text mentions two balances.
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| disagree |
Ana Vozone
: I agree with Phil.
5 hrs
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See my resp I nse to Phil.
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| disagree |
Shaun Richards
: I also agree with phil. It's part of a financial report or summary where they are listing the main figures.
6 hrs
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See my response to Phil
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Discussion