Analysing Financial Statements - Part 1: Income Statement.

Lean Wei Ren.

Written on 4th March 2025.

Published on 22nd March 2025.

Mastering Financial Statements – Part 1: Income Statement | The Ledger Line

In this archived edition of The Ledger Line, we take a deep dive into financial statement analysis, starting with the Income Statement—a fundamental tool for understanding a company's profitability and cost structure.

What you’ll learn:

• Breaking Down Revenue, COGS, and Gross Profit – Key metrics for assessing financial performance.

• Understanding Operating Expenses – How cost efficiency impacts a company’s bottom line.

• Evaluating Operating Income & Earnings Before Tax (EBT) – Insights into profitability and financial health.

• The Role of Income Tax Expense – Understanding its effect on net earnings.

• Why Net Income Matters – A crucial indicator of a company’s financial strength.

• Investment Banker-Level Insights – Practical takeaways to sharpen your analysis.

The Ledger Line - Analysing The Income Statement.pdf

Download PDF • 1.32MB

Access this past edition of The Ledger Line to build a strong foundation in financial analysis.

Stay tuned for Part 2, where we’ll explore the Balance Sheet!

~ Beyond The World