Unit 2: Accounting & Financial Statements

Read the three core statements and the ratios analysts live by.

20 lessons, about 5 hours of reading.

Start with lesson 1
  1. 1.
    Why Financial Statements Matter
    Completed15 min
  2. 2.
    The Income Statement
    Completed16 min
  3. 3.
    The Balance Sheet
    Completed16 min
  4. 4.
    The Cash Flow Statement
    Completed16 min
  5. 5.
    Revenue Recognition
    Completed15 min
  6. 6.
    Gross, Operating & Net Margin
    Completed16 min
  7. 7.
    Assets, Liabilities & Equity
    Completed15 min
  8. 8.
    Working Capital
    Completed15 min
  9. 9.
    Depreciation & Amortization
    Completed15 min
  10. 10.
    EBITDA Explained
    Completed15 min
  11. 11.
    Free Cash Flow
    Completed15 min
  12. 12.
    Earnings Per Share (EPS)
    Completed15 min
  13. 13.
    P/E and Valuation Multiples
    Completed16 min
  14. 14.
    Return on Equity & Assets
    Completed16 min
  15. 15.
    The Debt-to-Equity Ratio
    Completed15 min
  16. 16.
    Current & Quick Ratios
    Completed15 min
  17. 17.
    Reading a 10-K
    Completed15 min
  18. 18.
    Quality of Earnings
    Completed15 min
  19. 19.
    Common-Size Statements
    Completed15 min
  20. 20.
    Putting It Together: A Company Teardown
    Completed16 min