If a company is comparing its financial condition or performance to a base amount in the same time period,it is using vertical analysis.

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Vertical analysis is a method of financial statement analysis where each item on a financial statement is represented as a percentage of a base amount, usually the total assets or total liabilities and equity of the company. This allows for comparison of a company's financial condition or performance over time or with other companies.

If a Company Is Comparing Its Financial Condition or Performance