Financial analysis
Primary financial statements
The income statement
The balance sheet
The cashflow statement
Types of cash flows
Trend and ratio analysis
Trends
Gross margin
EBIT and EBITDA margin
Net margin
Depreciation
Asset utilization and working capital analysis
Asset turnover
Inventory days
Receivables days
Payables days
Working capital
Performance analysis
Return on equity ROE
Return on capital employed – ROCE
Credit ratios
Gearing
Leverage
Interest cover
Additional resources and quiz
Financial analysis quiz
Ratio checklist – PDF
Volkswagen income statement – CNBC Broadcast link
Financial analysis course survey
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