In this episode of Corporate Finance Explained, we break down the fundamentals of financial statement analysis—a vital skill for corporate finance professionals, investors, and business leaders. We start by exploring the three core financial statements: Income Statement – Reveals a company's profitability by detailing revenues and expenses over a specific period.Balance Sheet – Provides a snapshot of the company’s financial position, outlining assets, liabilities, and shareholders’ equity.Cash Flow Statement – Tracks cash inflows and outflows to assess liquidity and financial stability. Next, we dive into key analysis techniques, including: Ratio Analysis – Evaluates profitability, efficiency, an...