How to Read an Income Statement | Financial Statement Analysis (1/3)

[@livelindo5593]

you so young and yet you explain more and make things simply to understand better than most other youtubers! blessed!

[@truthseeker1756]

Wtf man. I'm speechless considering that some other KZbinrs talking about the stock market etc and saying shit have that many subscribers and your channel doesn't have that many. While you are giving actual and helpful information. Thanks man. I hope you see this comment.

[@vimolly]

I appreciate your clear explanation of how to read financial statements. It's much better than in my MBA class. Thanks

[@KIP22]

This is amazing. Subscribed recently and you have a lot of gems. Appreciate and am thankful for the sharing of knowledge

[@NewMoneyYouTube]

Great video mate! Super easy to follow. Good plan for the series

[@HamishHodder]

Thanks Brandon!

[@maviradillon2703]

Really huge thanks for this detailed content!! I usually follow you from Mar del plata, Argentina

[@goodenoughmsawenkosidlamuk1458]

Very informative video thanks a lot I now understand the difference between diluted eps and eps.

[@TuanTran-sl3lv]

Great video.Thanks Hamish

[@eduardomejia4881]

this video is 16 minutes but I spent at least an hour fully comprhending the analysis! Great lecture and thanks for explaining more about when people say that a firm is investing within the company if eps doesnt change and revenue does, made so much more sense when you gave the example of making an investment on a store; on the income statement an investment isn't realized untill something comes out of it

[@lirco7]

Fantastic video ! really easy to follow. thanks!

[@dandimit5104]

I’ve been re-listening to the rich dad books and they talk about financial statements and literacy. This is great info. Much more detail. Thanks for your hard work.

[@ThriveWithLouise]

thats why im on here. listening listening to rich dads guide to investing. its a great book.

[@berniemacmillan6909]

Hi Dan . if You are interested in learning financial statement analysis using real world companies here is a completely free course on udemy. No sign up no bullshit. Real value. www.udemy.com/course/the-complete-guide-to-interpretation-of-financial-statements/?couponCode=F5A1E1E1A01BB5263FE2. I think its free till 19th june . Hope this will help create more understanding

[@zlorax5331]

Great video, made it easy to understand

[@harryfanjo5772]

Awesome content. Well done and keep it up. Very helpful. Thank you for your work.

[@80AD]

Thanks for helping to break down this complex topic into a digestible format.

[@jamesbraund]

Always enjoy your concise commentary, Hamish

[@TiltedByDefault]

Thanks, very informative

[@sajeewasenarath4205]

You are the best at explaining. I hope to see more videos.😊

[@accountantisinvesting3191]

Hi Hamish, why do you think depreciation goes to Other income/expense component ?, depreciation is capital expenditure, but directly for operational purposes, and for example if the factory gets depreciated it should go to COGS, if some offices - then the depreciation expense goes to SGA, that would be the fair representation of operating profit, otherwise, the companies would spend huge amounts of money for assets and show very good operating profit without depreciation, majority of investors look at operating profit, I thought other income is actually the realized gains from non operating profit such as selling shares,assets,fx gains..

[@cookiejar01]

Brilliant! This is super helpful! Thank you so much, Hamish. Can't wait for the next video of the series.

[@CC-wj2oy]

Lllll

[@leroylevi7432]

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[@jaggerishaan2345]

@Leroy Levi instablaster :)

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[@yichengliu]

Clearly explained and learned alot, thanks for the effort for making this video

[@MrBrunogags]

Wow great video!! You’ve answered a couple of questions I had. Thanks!

[@xzonia1]

Great video! Thank you for covering the fundamentals. :)

[@henrymichal8522]

Good video again Hamish. Most informative indeed. Good to put these growth numbers into perspective.

[@HamishHodder]

Thanks Henry!

[@benbegic3349]

Awesome vid Hamish! Cant wait for pt. 2 :)

[@saidboujeeane]

OMG Yes I'm so excited for this series.

[@HamishHodder]

Woohoo!

[@soaris18stocks40]

Wonderful video! I've learned a lot. If you would not mind can I request for a financial statement analysis of a bank stock. I really want to learn about investing. Thank you.

[@tgodoy4852]

Books' recommendation on accounting for beginners?

[@surreyian]

Excellent explanation. Can you some case studies on how to company with funny financial reports, eg enron, so we can look out when we doing our own research.

[@FAFash-wo9yg]

Thanks so much for this! Very easy to follow. :)

[@pankajshah4594]

Hey Hamish .... great video .... you simplify things so well !!!

[@grahamr939]

Does your spreadsheet only list share prices for NASDAQ and ASX? If I put in something like TD, which is traded in Canadian $ (TD:TO) and US $ (TD), how can i make sure i get the TSX one as opposed to the S&P500?

[@nelsonlee9751]

Great video Hamish, very helpful. Can't wait for part 2 and 3.

[@HamishHodder]

No worries Nelson

[@HB-yq8gy]

Great video for beginners step by step prefect!

[@harshdesai8991]

Hi Hamish, great video. How do you find the 10 year performance history, in terms of financial statements, of a company?

[@williamwiki8099]

Hi Hamish, can you do the income statement for qantas this year please bro, it'll be much appreciated thanks bro.

[@mallikarjunap6951]

why other income comes adding since machinery is a depreciation , how it will add to , suppose to subtract ?

[@pwsim]

Awesome, superb stuff. 👍🏻

[@catherinepham3999]

Fantastic video!

[@sanjayakunwar4401]

I am trying to read pltr,nio and apple finance report but i cannot find for more than three years . Am i navigating in wrong place ? I am new here . Tx in advance

[@Sherman22fzy]

Hey Buddy, I just watched this tutorial and its one of the best for me. I have a couple of questions and hopefully you're still active on your youtube. 1. I understand that interest expense is also indicated in the income statement for companies. Does the absence of it mean that they do not have any interest paytments? 2. May i know what's the equation for for calculating the 10 yr growth rate pecentile Sorry if these are super easy questions, I'm not good with accounts but would very much love to learn

[@AmitSingh-re4te]

Thank You, Hamish!

[@BritoFishing]

Great video and content. I tried to follow along by doing your calculations. I can't seem to match your growth EPS numbers when comparing 2017 to 2016. Also, your sales totals don't match with what's on the actual Apple statement for the years 2014->2017. There is also a discrepancy in the EPS numbers from 2008 -> 2011. Are you using random numbers for illustration purposes?

[@ranitadhikary7647]

I am from india . Love to watch your videos

[@HamishHodder]

Hey Ranit! Glad you are enjoying the videos :)

[@josephr359]

Thank you for great content.. I am trying to follow this exercise in filling out the stock analysis spreadsheet for apple, in regards to EPS i am a bit confused on how you got the numbers based on the Fins...in 2013 apple has $39.75 and on your spreadsheet you have $5.68. Also when i go to see the EPS on WSJ and QucikFS for apple the EPS are different to whats on the Fins. Are you able to clarify this please.

[@nickwilde7787]

Hi mate, thank you for sharing. But how did you calculated 11.91 under EPS Diluted, I was using Net income 59...B/5,000,109=11,905. Thanks mate, really appreciate that.

[@x7amdan_R34]

I got confused when you said that sales are declining each year. isn't it increasing ? 6.70 to 7.66 and so on. Excellent video btw

[@garethjameshunter1390]

Keep them coming!

[@HamishHodder]

Thanks for watching Gareth!

[@XxDJVirtualxX]

how do u find companies financials for last 10 years

[@Rick-tb4so]

Doesn't "cost of sales" include labor ??

[@djstr0b3]

Awesome video mate! Thanks!

[@HamishHodder]

You're welcome!

[@TheLoso1987]

Thank you!

[@thetravelpodcast]

Awesome series! Thank youuu

[@HamishHodder]

You are welcome!

[@kdesso]

Great video! I have a question: I’m trying to analyze a bank stock from Africa but I’m having a hard time doing it. Any advices??

[@unknowninfinium4353]

In regards to bank pay attention to NPA's non performing assets. It's the loans that are given by the bank but not received. See where they give out loans. If they give out to normal people than that's okay. Avoid banks that give to corporations since there is risk of being defaulted by companies. This should get you started on analysing banks.

[@ashvinkulkarni2141]

Awesome video 🤘🤘

[@samubamu]

I don't understand why revenue growth without earnings growth implies that the business is investing in itself. The income statement and cash flow statement would reveal if investments were being made?

[@samubamu]

Maybe i'm not understanding the misconception because it's obvious to me and I'm just confusing myself trying to understand it.

[@samubamu]

No I've worked it out, I know you were all very worried for me! The misconception is people think that investments today will result in future revenues WITHOUT the associated expense needed to realise that revenue. This can give the false impression that big net profits wil be seen in the future without the related expenses being taken into account.

[@gruesomebugbear9108]

Thank you

[@urbanbluecollar7813]

thank you!!!!

[@raz-investinge-commerce6509]

Very good video. Cheers mate!

[@HamishHodder]

Thanks Ryan!

[@DrJoshTang]

Hi Hamish awesome video! will be great if you could show us how you analyse /valuate bank stocks please. Thanks! :D

[@HamishHodder]

Glad you enjoyed it Joshua! Unfortunately the banking sector is very complex and one that is certainly out of my circle of competence (at least at the time being), so I wouldn't be much help in evaluating them.

[@blaiseparnell6432]

Hi Hamish - One quick question. Where do you go to find 10 year financial data on a company? Yahoo Finance and MSN Market for example only have information for the past 3 or 4 years of a company. Do I need to sift through 10 years worth of annual reports for this?

[@imlkr_]

Most companies won't publish their 10 year data for commercial reasons... it's usually better to avoid companies which don't have a long term record which is transparent

[@Len02013]

Cool thanks. Very helpful

[@HamishHodder]

No worries!

[@aroddy2203]

This is basically an explanation for people who already understand it. Not helpful to someone trying to learn it. You need to put more thought into it if you want to be a good teacher.

[@FundamentalEconomics]

Could have been better