In this article, we’ll look into the next main section which is Statements.
It’s divided into four sub-sections as seen in the image below.
As you can see, we offer two versions of income statement: abridged and detailed. And within that also there are multiple ways you can look at the income statement.
This is because each investor has a different investment psychology. And depending on your use case of financial statements you can dig deeper or get a quick bird’s eye view and move along with your strategy.
But what if you’re new to the world of fundamentals? And you want to learn in detail about financial statements? Well, you don’t have to go anywhere, you can learn it all with just a single click.
Click on the ‘Understanding the income statement’ icon. A screen will appear like this:
So, don’t let the financial statements scare you anymore!
Similarly, if you scroll below you can see the Balance sheet and cash flow statement.
An important point to note here is that statements are customized for the sector in which the stock belongs. For example, you will see different statement items for banks vis-à-vis an industrial company.
By default, you’ll be able to see the abridged version, but users who want to view things at a more granular level can check the detailed version.
You can then get a detailed insight into things. For an even deeper analysis simply click on the '+’ icon.
This section contains a comprehensive analysis of the segments of the company and how they have changed over time. You can look at the segment breakup of the Capex, Sales, and Assets.
You can change the year to view segment details of a particular financial year. And also check for regional allocations of the company.
[Note: Segment details are generally available after the publishing of the annual report of the company.]
Apart from the Snapshot view, we also offer deeper insights into the history of the business and the industry. For that click on Historical Data.
Starting with the Capex of business. The graph highlights the Capex invested by the company in the different areas of the business.
This gives you an understanding of the business mix. For example, one way to look at the graph is to see the different segments the company is investing in. And the revenue each investment is giving. This can also give you a sense of the direction the business is heading in.
[Image. For Historical Data– Sales (Business)]
Similarly, you can view the Sales and Assets as well and toggle between the Business and Region to get a deeper sense of things.
[Image. For Historical Data– Sales (Regional)]
That’s it for the main section of Statements.