Public companies draw from the financial ledgers of the company every three months to publish detailed reports about their financial condition. Watch this video to learn how to navigate these reports.
There are three primary statements — the balance sheet, income statement, and statement of cash flow — each providing a different perspective on a company’s financial well-being. This paper looks at the first of these documents, the balance sheet.
The income statement is one of the key financial documents (along with the balance sheet and the statement of cash flow) used to assess a company's financial performance.