Financials Demystified: Everything Outside EBIT
View Transcript
Episode Description
In this episode, Andrew and Dave dive deep into understanding the income statement beyond EBIT. They discuss the importance of taxes, the lifecycle of companies and its impact on financials, and Warren Buffet's insights on tax deferred assets.
The hosts also explore interest expenses, interest income, and their significance to a company's financial health. They highlight the value of footnotes and other financial statement details, providing tips on identifying potential issues and assessing investments more effectively.
00:00 Welcome to Investing for Beginners
01:18 Understanding the Company Lifecycle
03:24 The Impact of Taxes on Businesses
12:57 Interest Expense and Its Implications
17:15 Exploring Interest Income
24:05 The Importance of Footnotes in Financial Statements
33:21 Final Thoughts and Wrap-Up
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
Squeeze the most out of your Summer with Liquid I.V. Tear. Pour. Live More. Go to LIQUID-IV DOT COM and get 20% off your first order with code INVESTING at checkout.
Leesa has a lineup of beautifully crafted mattresses tailored to how you sleep – without the luxury price tag. Go to Leesa.com, promo code INVESTING for 25% off mattresses PLUS an extra $50 off.
Go to tesbros.com and use code POD15 for 15% off your first order. For our EXCLUSIVE GIVEAWAY, and your chance to win a DIY PPF Full Body Wrap kit tailored to your ride, simply go to this link:
https://station.page/tesbros/contest/theinvestingfor
Have questions? Send them to newsletter@einvestingforbeginners.com
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices