Profit and Loss

[@TheFinanceStoryteller]

Enjoyed this video? Then subscribe to the channel, and check out the related case study videos on various financial statements in this playlist: kzbin.info/www/bejne/hnqciWiPl8qelac

[@Q-1424]

SIR PLEASE PLEASE DO NOT EVER STOP MAKING VIDEOS, TIMES ARE GOING TO BE TOUGH AND EASY AS WELL HOWEVER PLEASE, YOU ARE A LIFE SAVER ❤

[@TheFinanceStoryteller]

Thank you for the kind words! Happy to help. Working on new video ideas right now, you should see them on the channel within a few weeks.

[@dubailove1313]

Thank you for the great video. We are currently studying this subject in class, and I can therefore relate very well-regards from Madrid.

[@TheFinanceStoryteller]

Thank you, that is very nice to hear! Greetings back from the Netherlands.

[@alwaysarafath]

Thanks 😊

[@sidkings]

I'm studying for the CFA level 1. Very useful revision for financial statement analysis 👍.... Thanks

[@TheFinanceStoryteller]

Happy to help! Have a look at my playlist of financial statement case studies, those videos might be useful for you as well: kzbin.info/www/bejne/hnqciWiPl8qelac

[@sidkings]

@@TheFinanceStoryteller Excellent, thank you very much....

[@jgsky]

This is very clearly explained. Thank you very much!

[@TheFinanceStoryteller]

Wonderful to hear that! Have a look at Apple's balance sheet as well for the same year: kzbin.info/www/bejne/gJCUd2t9pLGCf5o It will give you additional insights into their performance.

[@StephanieOvwigho]

Thanks for the video

[@TheFinanceStoryteller]

Happy to help! A more in depth discussion of the various elements of the income statement in this video (Microsoft case study): kzbin.info/www/bejne/fqKQZWeGfcx0n7c&pp=gAQBiAQB

[@MsAdaCat]

Thank you, it was really useful!

[@TheFinanceStoryteller]

Very nice to hear that! Please spread the word!

[@valbal863]

What is the best indicator to check a companys financial situation?

[@TheFinanceStoryteller]

Free cash flow: kzbin.info/www/bejne/nZ2WgH-qer1lhq8&pp=gAQBiAQB

[@valbal863]

@@TheFinanceStoryteller Thanks! I had to study and your videos really helped me!

[@talitacoelho8179]

Thank you soooo much!!!

[@TheFinanceStoryteller]

Happy to help, Talita! Thank you for watching and commenting.

[@alwaysarafath]

Thanks again for educating us - I love the way you always show the examples !! I have sent an email - if possible pls respond Thanks 😊

[@TheFinanceStoryteller]

Thank you for the kind words!!! I did respond to your e-mail, it might be stuck in your spambox.

[@alwaysarafath]

@@TheFinanceStoryteller legend !!! It was in spam - responded again !

[@andrewlangi2442]

4.8% income tax 😅

[@TheFinanceStoryteller]

I don't think that's the right way of looking at it. You took the provision for income taxes and divided it by revenue. It's more accurate to take the provisions for income tax and divide it by the income before taxes. This is $19.3B divided by $119.1B = 16.2%. That's still a very low effective tax rate. More on these calculations in this video: kzbin.info/www/bejne/e6GVnH2qr7Sgo7s