Page:Graphic methods for presenting facts (1914).djvu/338

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318
GRAPHIC METHODS

affirmative, for from the evidence given, the property has been adequately maintained.

Fig. 227. Financial Condition of the United States Steel Corporation in Different
Years as Shown by the Balance Sheet

Curve 10. Current assets
Curve 11. Cash holdings
Curve 12. Current liabilities
Here the numbers in the vertical scale represent larger quantities than in Fig. 226 and the spacing is closer in the vertical direction. Nevertheless, the numbers are easily read. To avoid any chance of error in interpretation it seems well to write out in full even the large numbers necessary here

Fig. 227 illustrates the financial condition of the company as disclosed by the balance sheet. This chart is very conclusive, for it shows a very large excess of current assets over current liabilities, while cash holdings have tended to equal or exceed the total current liabilities. The balance sheet, therefore, indicates continuous and increasing financial strength. Current assets in 1912 reach nearly