I have started a series of posts on understanding financial statements. This is because I have received questions from readers asking whether there is a need to have a financial background in order to analyse annual reports/financial reports. I did not receive any formal finance or accountancy training. The only course I took was a … Continue reading Working Capital and Why It Is Important in Investing
I have started a series of posts on understanding financial statements. In this post, I will look at the concept known as free cash flow and why it is important, what it means and how to use it when analyzing companies.