How to Read Company Financial Statements (Basics Explained)

STATEMENTS As an investor you know you should be checking the financials of companies you're analysing, but the financial statements can feel really overwhelming! Luckily, they're really not so complicated or intimidating at all, you just need to know the basics to get started and things will already be a lot easier and clearer. In this video, we'll explain the basic sections and items in a balance sheet, income statement and cash flow statement (using Tesla's Q1 results as an example). This is the first step if you want to be analysing a company's financial health and will get you up and running for all the fun of reading 10Qs and 10Ks!