How to Read a Balance Sheet (Tesla Example)

[@MegaTantrum42]

Super helpful. I like that you explain slowly, which minimizes the risk of mishearing something

[@BullInvestor]

Thank you, glad I could help! Let me know if you have any suggestions in the future

[@amanmamgain3591]

So, we dont have to download income statement, balance sheet and cash flow separately. Just download 10-k and get all information from there. Am i right bro?

[@alirezahadisi7378]

Wow, This is by far the best explanation I received on balance sheet. Thank you!

[@BullInvestor]

Thanks so much, happy to help!

[@elmadensing5765]

Very clear explanation thank you for having this opportunity to learn more💕

[@BullInvestor]

Of course, thank you!

[@michaelbaines651]

Thanks for this video! Helped a lot on my finance final project

[@nick_brown]

Great explanation. Thank you!

[@summerbreeze5115]

If share buybacks reduce Cash & Cash Eqv. in the Asset side of ⚖️ sheet. Doesn't that make the ⚖️ sheet Unbalanced?

[@pauravtube]

Thanks for the very nice explanation. I hope you go over the income statement and balance sheet of Tesla next earnings. Provide some insight.

[@BullInvestor]

Happy to help!

[@mochimoshi7599]

really useful thanks

[@youseb1981]

So awesome thank you!!!

[@sleepydragon8507]

awesome videos!!! super helpful!

[@BullInvestor]

Thanks!

[@supunmadushanka1312]

good explanation. Thank you.

[@BullInvestor]

Thanks!

[@amanmamgain3591]

Hi Bro, I really liked your video with such a usefull information. I have a question, from which website you download all these financial statement.

[@BullInvestor]

Hey there! For the videos, I use the annual report (10K) of each company. The secret is I just screen shot the tables and crop the picture since there’s no way to download individual tables. Hope this helps!

[@rxviper4833]

hey how come at the end of the cash flow statement the cash balance was 6.7 billion dollars and on the balance sheet it is 6.2 billion dollars. I thought they had to be the same dollar amount?

[@BullInvestor]

Hey! It's just a change from the past year

[@relganz4663]

The numbers don’t actually add up to 34,309 so this example is not very helpful

[@BullInvestor]

I’m not sure which part you’re talking about, mind including a time stamp?

[@relganz4663]

@@BullInvestor The very end, it seems like the whole point of the balance sheet should be to show that A = L + E but they didn’t seem to add up in any way I tried

[@BullInvestor]

Assets = Liabilities + Equity so, 26199 + 643 + 6618 + 849 = 34309 which is the asset value. The values will always add up on formal statements especially for heavily audited public companies.

[@relganz4663]

@@BullInvestor ah I see now. Thanks

[@BullInvestor]

No worries!

[@heals630]

Keep it up

[@BullInvestor]

Will do!

[@debashishjena]

So is Tesla a buy?

[@BullInvestor]

Not necessarily, that’s a whole other topic!

[@summerbreeze5115]

Perhaps :) not