How to Read Company Financial Statements (Basics Explained)

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We explain the basic sections and items in a balance sheet, income statement and cash flow statement

💬 If you’d like to get in touch, you can reach us on social media or leave a comment on this video - we read all of them and try to respond to as many people as possible.

FINANCIAL STATEMENTS
As an investor you know you should be checking the financials of companies you're analysing, but the financial statements can feel really overwhelming!

Luckily, they're really not so complicated or intimidating at all, you just need to know the basics to get started and things will already be a lot easier and clearer.

In this video, we'll explain the basic sections and items in a balance sheet, income statement and cash flow statement (using Tesla's Q1 results as an example). This is the first step if you want to be analysing a company's financial health and will get you up and running for all the fun of reading 10Qs and 10Ks!

[samuelrapno]

Great video ! Loved the fact that you didn't go too much into details. As someone who feels like a balance sheet is a bunch of hieroglyphics it's good to have a general overview of the matter. Thank you for this 🙏

[prathameshzingade]

Totally loved it. More ppl should watch this. Keep up the great work sir. What u r doing is just marvelous

[individualideals]

This is my third time watching this and I took notes my goal is to became familiar with financial statements so that I can trade better long term wise. Thank for this information 💯

[theramseyclark]

Your voice has a wonderful tone, very pleasant to the ears. You must be a baritone singer? Great content.

[gowrishangkarikrishnan]

omg you saved my life. I was having such a hard time understanding in class. now it's clear!

[georgecolacicco]

Excellent, the foundation and a necessity knowing what to look for in investing in publicly traded companies. I love listening to this guy.

[suew]

Brilliant video, easy to follow and very helpful. Thank you

[katerynaturchenko]

Very helpful overview in simple language. Thank you!

[veliem]

The more I learn the less I trade.. Thanks so much for helping me in my filtering process 🥺💕🙌🏾🇿🇦

[alessiomanago]

That's nice, it's interesting understand the different financial statement of a foreign country (I'm from italy). It would be awesome go further into this topic

[drsingingeagle]

Thanks, mate! Now I need to watch it again and maybe write one for my own company.

[lucasmoreira]

Thanks for the video! It helped me a lot!

[vjmrgxn]

Thank you, this video is really helpful

[lairdherron]

Great video! Would love some case studies on how to leverage these three financial statements in concert to inform investment decisions

[karenritzdavis]

GREAT take for learning how to understand FS's! This is defintely a SAVE! THANK YOU!!!

[BenjaminOrthodox]

Every retail investor should watch this video.

[MasterKenfucius]

Thank you for the great explanation! This was awesome.

[alexbuxton]

Yes definitely make a video on using ratios to compare, thanks for the vid as well, very useful

[ammiministry]

It would’ve been helpful if as you went through each section, you analyze what we were looking at, and explain the plus and minuses of this financial statement. For rookies like myself, just understanding what the sections represent without an explanation of the actual statement and what we can deduce from it, is difficult to assess. Please make a video that looks at a statement like you did, and explains whether this company is worth investing in, or are there is reasons to hesitate taking an investment step.

[masterpiece]

Do you have detailed explanatory videos of these 3 statements and ratios and even how this 3 statements link with each other?