Interpreting Financial Statements For Retail Investors
Published 3/2025
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 6.14 GB | Duration: 8h 1m
Published 3/2025
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 6.14 GB | Duration: 8h 1m
Analyze financial statements to make informed investment decisions in the stock market
What you'll learn
Understand the stock market, stock screeners, and brokerage options
Learn how to interpret the income statement, balance sheet, and cash flow statement to assess a company’s financial health
Understand revenue streams, key expenses (SGA, R&D, D&A), profitability metrics (gross, operating, and net margin), and industry variations
Explore liquidity, solvency, debt management, and key financial ratios to measure a company's stability and risk exposure.
Differentiate between operating, investing, and financing cash flows, and recognize the significance of capital expenditures
Requirements
No prerequisites are required for this course
Description
In this comprehensive course, you will learn how to interpret and analyze the key financial figures found in financial statements, allowing you to make informed decisions when assessing businesses. The course is highly practical, and each lesson is designed to help you understand how to apply these concepts to real-world scenarios. We will use a variety of examples from over 50 businesses across different industries to highlight the differences and similarities in financial statements, so you can see firsthand how numbers can vary based on the nature of the business.Through these real-world examples, you will not only learn to read balance sheets, income statements, and cash flow statements but also understand what they truly represent in the context of a company’s financial health. By the end of the course, you will be able to make an informed decision on whether a company is worth further investigation or if it's better to move on, thus saving time and effort. You’ll also gain the skills necessary to identify red flags and understand the financial strengths or weaknesses of a company before diving deeper into advanced analysis.Whether you're new to investing or looking to refine your skills, this course provides the tools and knowledge you need to assess businesses effectively. It’s a great resource for anyone looking to understand financial statements and how they can guide your investment decisions.Disclaimer: The materials in this course are for educational purposes only and do not constitute financial advice or recommendations to buy or sell any stocks. Always conduct your own due diligence and seek professional advice when needed.
Overview
Section 1: Introduction
Lecture 1 Welcome to the course
Lecture 2 What is the stock market
Lecture 3 Financial Statements Overview
Lecture 4 Brokers and accounts
Lecture 5 TradingView
Lecture 6 Yahoo Finance
Lecture 7 Finviz & Insider Screener
Lecture 8 SimplywallST
Lecture 9 QuickFS and Dataroma
Section 2: Income Statement
Lecture 10 Revenue
Lecture 11 Revenue Streams
Lecture 12 Cost of goods sold
Lecture 13 Gross Margin
Lecture 14 Selling, General, and Administrative (SGA) Expenses
Lecture 15 Research & Development (R&D)
Lecture 16 Depreciation
Lecture 17 Operating Income & Margin
Lecture 18 Interest Expenses
Lecture 19 Sale of Assets & Other
Lecture 20 Pretax income
Lecture 21 Net Income (Earnings)
Lecture 22 Net Margin
Lecture 23 Earnings per Share (EPS)
Section 3: Balance Sheet
Lecture 24 Cash and Cash Equivalents
Lecture 25 Inventory
Lecture 26 Net Receivables
Lecture 27 Prepaid Expenses
Lecture 28 Property, Plant, and Equipment (PPE) and Fixed Asset Turnover Ratio (FAT)
Lecture 29 Intangible assets and goodwill
Lecture 30 Long-term investments
Lecture 31 Return on Assets (ROA)
Lecture 32 Accounts Payable, Days Payables Outstanding, and Days Sales Outstanding
Lecture 33 Debts
Lecture 34 Liquidity Ratios
Lecture 35 Deferred Tax
Lecture 36 Minority Interests
Lecture 37 Debt to Shareholders’ Equity
Lecture 38 Preferred vs Common Stocks
Lecture 39 Retained Earnings
Lecture 40 Return on Shareholders’ Equity
Lecture 41 Return on Invested Capital (ROIC)
Section 4: Cash Flow Statement
Lecture 42 Why do we need the cash flow statement
Lecture 43 Cash Flow from Operating Activities
Lecture 44 Cash Flow from Investing Activities
Lecture 45 Cash Flow from Financing Activities
Section 5: Wrapping up
Lecture 46 Next Steps
Lecture 47 Thank you!
Retail or individual investors who want to understand businesses before investing their savings in the stock market.