A Study on Financial Statement Analysis of Construction company
Financial Statement Analysis of Construction Company Introduction Financial statement analysis is a vital practice for any industry, and the construction sector is no exception. This analysis involves evaluating the financial health of a company through its financial statements, such as the balance sheet, income statement, and cash flow statement. Key Financial Statements • Balance Sheet: The balance sheet provides a snapshot of a company’s financial position at a specific point in time. It includes assets, liabilities, and shareholders’ equity. • Income Statement: The income statement shows the company’s financial performance over a period, detailing revenues, expenses, and profits. • Cash Flow Statement: The cash flow statement outlines the cash inflows and outflows from operating, investing, and financing activities. Importance of Financial Statement Analysis Performa...