In that context no it’s the same thing. It’s profitability and balanced books (liabilities matching assets) that are different. A business can be profitable and

In that context no it’s the same thing. It’s profitability and balanced books (liabilities matching assets) that are different. A business can be profitable and insolvent if cash flow temporarily dries (e.g. you can’t hold employee salaries because customers take too long to pay invoices). A viable business needs both profitability (long term) and cash flow/solvability (short term). Unmatched assets and liabilities (like FTX) is not insolvency, it’s fraud, and mechanically causes insolvency when the cash is gone after the run.