如何看懂一家公司的资产负债表(最新)

如何看懂一家公司的资产负债表

How many times have you flipped to the back of a company's annual

report or 10-K and found yourself blankly staring at dozens, or even

hundreds, of pages of numbers and tables?

你有多少次直接翻到一家公司的年终报告或

10-K

表格的最后，结果发现自

己盯着几十页甚至几百页的数字和表格都懵了

< br>?

You

know

that

these

should

be

important

to

your

investment

decision,

but you're not quite sure what they mean or where to begin.

你知道这些对你的投资决定很重要，

却不太懂这些都是什么意思或者该从哪

儿开始。

When

you

are

looking

at

numbers

like

these,

there's

a

good

chance

you

are looking at a company's balance sheet.

你看到这样的数字时，很可能看到的是该公司的资产负债表。

What is a balance sheet? Why does it matter? Why are professional

investors so obsessed with studying it, and even more importantly, how

are

they

able

to

use

that

analysis

to

reduce

their

portfolio

risk

and

make

better,

safer

decisions

when

it

comes

to

putting

their

own

money

to

work?

什么是资产负债表

?

它为什么重要

?

为什么专业投资人都如此痴迷于研究它

呢

?

甚至更重要的是，他们怎么能使用 这些数据分析来减少投资风险，在把自己

的钱投出去的时候能做出更好更安全的决策呢< /p>

?

In

this investing lesson, I'm

going to

help you answer

some of those

questions by teaching you the basics of balance sheet analysis.

今天这 节投资课，

我要教给你，

用资产负债表分析的基础知识来解答你 这些

疑问中的一部分。

Smart

investors

have

always

known

that

financial

statements

are

among

the keys to understanding a company.

聪明的投资人都知道财务报表是理解一家公司的关键之一。

The balance sheet, especially when reviewed in conjunction with the

other accounting records and disclosures, can warn of many potential

problems.

尤其是把资产负债表和其他会计记录以及披露信息综合在一起评估时，

它才

能给你一些潜在问题的警告。

When used correctly, it can help you determine what a business is

really

如能正确使用，还能帮你确定一个投资产品是否真“值得”投。

By deciding that you are going to read this lesson, you have taken

the first step on the road towards financial statement fluency.

你决定要上这一课就是朝着熟知财务报表迈出了第一步。

The Role of the Balance Sheet In the Financial Statements

资产负债表在财务报表中的作用

For every business, there are three important financial statements

you must examine:

对于每 一个投资产品而言，都有三个你必须要看的重要的财务报表：

?The

Balance

Sheet

-

The

balance

sheet

tells

investors

how

much

money

a company or institution has (assets), how much it owes (liabilities),

and what is left when you net the two together (net worth, book value,

or shareholder equity).

In

this lesson,

we are going to learn to analyze

a balance sheet.

?

资产负 债表——资产负债表告诉投资者一家公司或机构有多少钱

(

资产

)

、

欠多少钱

(

负债

)

、

二 者加一起剩多少

(

净值、

账面价值或股 东权益

)

。

这一课我们

要学会分析资产负债表。

?The Income Statement - The income statement is a record of the

company's profitability. It tells you how much money a corporation made

(or lost).

?

损益表——损益表记录公司收益，告诉你公司赚

(< /p>

或亏

)

多少钱。

?The

Cash

Flow

Statement

-

The

cash

flow

statement

is

a

record

of

the

actual

changes

in

cash

compared

to

the

income

statement.

It

shows

you

where

the cash was brought in and where the cash was disbursed.