A guide to understanding a company's financial health
You've just summerized better than Harvard... There's a course called "financial accounting" on HBS and you've literllay explained a balance sheet better.
Keep it up man love your content!
I really like this article and the whole series. I had some technical difficulty with the Substack iPad app though. Apparently it cannot render the "pullquote" elements that are used a lot in the key ratios section. Maybe your team can exchange these with pictures or get in touch with Sustack to get this fixed.
Thanks for the comprehensive explanation. What is not clear to me is the following: equity is going down from 2018. But why is this linked to share buy back? if apple buys back shares, normally cash goes out, but shares are getting in increasing the equity share = therefore more equity. Can you clarify where I am wrong?
How do you make these charts?
Thank you so much. So much value here for those who run a business or need to know more about financial accounting!