People also ask
What does shares in a co-op mean?
Co-op shares are units of ownership in a cooperative corporation that owns an apartment building, not unlike owning shares in a regular business corporation. The coop corporation's main asset is typically the apartment building, and thus each shareholder owns a piece of it through their co op shares.
How do you read a stock statement?
1:50 3:11 Financial Statements 101 | Stocks: Fundamental Analysis Course YouTube Start of suggested clip End of suggested clip If you subtract liabilities from assets you're left with shareholders equity. Often called BookMoreIf you subtract liabilities from assets you're left with shareholders equity. Often called Book value it's the amount of money that would be left to shareholders.
How do you read a coop financial statement?
3:07 20:12 How to Read and Analyze Co-op Financial Statements - YouTube YouTube Start of suggested clip End of suggested clip And what you really want to look for is the opinion section and you want to make sure that base theyMoreAnd what you really want to look for is the opinion section and you want to make sure that base they say that the financials. Present fairly in all material respects.
Are co-op financials public?
A Arthur I. Weinstein, a vice president of the Council of New York Cooperatives and Condominiums, said the financial records of co-op corporations and condominium associations are not public records.
What is a financial statement?
A Financial Statement is used by listing agents and sellers to evaluate and compare the financial strength of potential buyers. The statement itself is effectively a personal balance sheet or statement of net worth.
rebny financial statement excel