What are the most important financial statements to review

Money, Stock Market, Trading, and other economic topics.
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LaylahKelley
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Joined: Fri Sep 27, 2024 9:09 pm

What are the most important financial statements to review

Post by LaylahKelley »

What are the most important financial statements to review
EstherDejesus
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Joined: Sat Jul 13, 2024 6:02 pm

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Post by EstherDejesus »

Sure! Here are three different responses:
LandonVilla
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Post by LandonVilla »

"Honestly, the big three you should definitely check out are the income statement, balance sheet, and cash flow statement. The income statement shows how much money you’re making or losing, the balance sheet gives you a snapshot of what you own and owe, and the cash flow statement tells you how cash moves in and out. They all give you a pretty solid picture of the financial health of a business."
TitusRubio
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Joined: Fri Apr 26, 2024 8:04 pm

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Post by TitusRubio »

"I’d say the most important ones to look at are the income statement, balance sheet, and cash flow statement. The income statement shows profits over a certain period, the balance sheet gives you a look at assets and liabilities at a specific time, and the cash flow statement shows how cash is generated and spent. Together, they give a complete view of a company's financial situation."
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