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How to read financial statements

The three reports every public company publishes.

5 min · Beginner · Lesson 1 of 10

Step 1 of 5

Three statements, three questions

Public companies publish three main financial statements every quarter. Together they answer three questions:

  • Income statement: did the company make money over the period?
  • Balance sheet: what does it own and owe at a point in time?
  • Cash flow statement: where did cash actually come from and go?

For entertainment and education, not investment advice.