Analyzing financial statements is an important part of understanding the firm's financial health.
Examine financial statementsIn this course, we will examine the financial statements of a fictitious automotive company, Larry's Automotive.
Analyze Income Statements and Balance SheetsWe will focus our analysis on the income statement and balance sheet. You will use data visualization to create custom dashboards for the firm's financial information, which will help you identify trends, KPIs, and errors.
Calculate KPIsIn addition to calculating key performance measures, such as COGs and EBITDA, we will spend time determining key profitability ratios, like profit margin. These skills will put you on a good path to becoming a financial analyst.
The Evolution of the Financial StatementFree
In this chapter, you'll learn the components the balance sheet and income statement and see how they are derived from the accounting equation. With this information, you will examine these financial statements using DAX and creating key measures.The balance sheet50 xpAccounting equation classification100 xpGetting to know the balance sheet50 xpBalance Sheet model overview100 xpGetting ready for financial statements100 xpDetecting balance sheet trends100 xpThe income statement50 xpIncome Statement vs Balance Sheet100 xpGetting to know the income statement50 xpIncome Statement model overview100 xpExamining EBITDA100 xpProfit analysis100 xp
Budgetary and Forecast planning plays a key role in the financial well-being of a company. By calculating and visualizing the budget, forecast and variance, you will learn how to detect valuable business trends.Budgetary planning50 xpThe benefits of budgeting50 xpBudget analysis in Power BI50 xpVariance100 xpFinding trends100 xpCloser look100 xpForecast trend analysis100 xpBudgeted and forecasted income statement50 xpThe importance of COGS50 xpIncome statement budgeting and forecasting50 xpGross profit100 xpGeographic analysis100 xpProfit forecasting100 xp
Company Performance and Financial Analysis
Performance ratios are financial ratios and other information, that allows a company to determine how well they are doing. You will learn liquidity ratios and how they indicate a firms debt obligation and firm risk.Liquidity ratios50 xpRatio analysis50 xpLiquidity dashboard50 xpLiquidity analysis100 xpRatio visualization100 xpThe bigger picture100 xpProfitability analysis50 xpLiquidity vs Profitability100 xpProfit dashboard50 xpGeneration of sales100 xpReturn on assets100 xpConnecting the dots100 xpCongratulations!50 xp
In the following tracksFinancial Reporting in Power BI
Nikisha AlcindorSee More
Managing Partner of Stater AI Fund
Nikisha Alcindor is a Data scientist who specializes in Artificial Intelligence and has 20 years of investing experience. She is a Managing Director at Riverside Management Group, where she raises capital and advises clients on M&A transactions. Nikisha is pursuing her Ph.D. in Management at the Zicklin School of Business of Baruch College, Graduate Center of the City University of New York. Her research area is examining the success rates of M&A transactions by applying artificial intelligence. Nikisha holds a BA in Chemistry from Emory University and an MBA from Columbia Business School as a Leon Cooperman Scholar.