Do you struggle with interpreting financial disclosures and statements? If so, this week’s episode of Grow Money Business is for you. We dedicated this episode to discussing a specific mailbag question, which is a guide to understanding financial disclosures and statements. Throughout the conversation, we dive into the framework for financial disclosures, the purpose of annual reports, how to interpret those as an employee, investor, owner, potential buyer, and more.

 

Show Notes

[06:05] Money and capital – Grant starts the conversation by explaining how the process of growing a company works.

[11:12] Interpreting Financial Statements : 10-K & 10-Q – Grant walks us through what is contained in the 10-K and 10-Q reports.

[16:27] Stories – Grant talks about the gamesmanship to influence the stock price that aligns with the personal interests of a company.

[22:54] Vista Outdoor Inc. – We dive into the details of Vista Outdoor Reports Second Quarter FY24 Financial Results.

[30:37] Valuing a business – Grant explains what to look out for in an income statement if you are interested in valuing a business.

[33:37] Balance sheet –Grant discusses the many roles of a healthy balance sheet.

 

 

Resources

Vista Outdoor Reports Second Quarter FY24 Financial Results

thefishingwire.com/vista-outdoor-reports-second-quarter-fy24-financial-results/?mc_cid=98e55f781d

 

THE BEGINNER’S GUIDE TO READING & INTERPRETING FINANCIAL STATEMENTS

online.hbs.edu/blog/post/how-to-read-financial-statements

 

Beginners’ Guide to Financial Statement

sec.gov/reportspubs/investor-publications/investorpubsbegfinstmtguide