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The "test of making something public" is essentially the same as the
Earnings Per Share
A company's profit divided by the number of outstanding shares of its common stock, serving as an indicator of the company's profitability.
Book Value
Book value is the net value of a company's assets minus its liabilities, often used to assess if a stock is under or overvalued.
Market-to-Book Ratio
A financial valuation metric comparing a company's current market price to its book value.
Common-Size Statement
A financial statement that presents all line items as a percentage of a common base figure, facilitating comparison across different periods or companies.
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