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Read and Analyze Financial Statements

8 weeks · 0 milestones

Analyze the P&L, balance sheet, and cash flow statement of 5 real public companies and produce a written analysis of each.

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Current milestone

Analyse the Three Core Statements of a Real Listed Company

2–3 weeks

Master the income statement, balance sheet, and cash flow statement for a real publicly listed company. Use an actual filed annual report (10-K in the US, Annual Report for UK companies). Understand how the three statements connect — net income flows from the income statement to retained earnings on the balance sheet and to operating cash flow on the cash flow statement.

Proof required

Submit: (a) the name of your chosen company and a link to the specific annual report used, and (b) a one-page summary for each of the three statements (three pages total) identifying the five most important line items from that company's actual statements — with the specific value for the most recent year and a two-sentence explanation of what each line item reveals about the company's financial health. Use actual dollar/pound values, not percentages.

What gets checked

  • Real company and specific annual report year are identified — not a textbook example
  • Line items are from the actual filed statements with actual values
  • Three-statement connection is explained — where does net income appear on the other two statements for this specific company?

Resources

Compute and Interpret Five Key Financial Ratios with Competitor Comparison

Produce a Financial Health Summary and Defend to a Finance Professional

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