financial statements | Old School Value

Balance Sheet Analysis: Circuit City

Tuesday, February 3, 2009

So far, we've had a look at the Statement of Cash Flows with AeroGrow with a further discussion on Free Cash Flow, Croc's Income Statement and now the Balance Sheet for Circuit City. To help get new investors started, here are some great resources on the Balance Sheet: Fundamental Analysis: The Balance Sheet Understanding the Balance Sheet

Income Statement Analysis: CROX

Tuesday, January 20, 2009

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Previously we had a look at the Statement of Cash Flows with AeroGrow and another discussion on Free Cash Flow and points to consider as investors. In this post, let's take a look at the Income Statement for Crocs (CROX) and try to find warning and other signs. To help get new investors started, here are some great resources to get you started on the Income Statement

Cash Flow Statement Analysis: AERO

Wednesday, December 3, 2008

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In this post, I’ll be going over a few basic ideas of what to look for financial statements, not how to read them, for the beginner investor who wants to research or keep up to date with their companies. AeroGrow (AERO) will serve as a very nice example with plenty of warnings signs. The purpose of this post is to help you get the idea of a company’s health and let you decide whether it is worth the extra effort to take the next step and plug in numbers for ratios and other metrics. FYI, I exited my position in AeroGrow with a huge 60% loss even though I had the opportunity to lock in a 20% gain. I made many mistakes on this one (let's just conclude I didn't even read the statements to begin with) and you will see why I had no other choice than to sell once I woke up. Hopefully, you won’t make the same mistake as me.

Investing Book Review: Financial Statements

Sunday, April 27, 2008

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Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports is a great book for those that want a deeper understanding of financial statements or are starting out in accounting. It is concise and straight to the point with lots of clarity. It focuses on explaining the basics, how all parts of the financial statements interact and provides examples of how it works.