The Income|Outcome^® Contextuary

A Visual Glossary of Corporate Finance

This illustrated glossary uses Visual Finance™ to provide a contextualized 'big picture' view of financial results. The examples feature data for the Round Number Company—a 'made-up company' with simplified figures. The Appendix presents an explanation of how to read Visual Finance as well as the financial statements and VF views for the Round Number Company.

Asset Stripping

Asset Stripping has at least two definitions:

(Owner’s view) Buying a company when its market value is below Book Value, then selling off its component assets to make a profit.
(Manager’s view) Selling off non-essential or under-utilized Assets of a business in order to improve short-term metrics such as Return On Assets (ROA).