Course 3516 lessons

Reading financial statements

A beginner's guide to the balance sheet, income statement, and cash flow statement, and how to use them to judge whether a company is worth investing in.

Why bother reading financial statements as an investor

A financial statement is just a company's report card, a set of numbers that show how much money it made, what it owns, what it owes, and where its cash actually went during a given period. You don't need an accounting degree to read one, any more than you need a medical degree to read your own blood test results and notice which numbers are outside a normal range.