The 2nd financial statement we'll cover, the balance sheet, is often overlooked, but it can reveal several key insights about a company. You can determine book value, debt, and shareholder equity just by analyzing the balance sheet. I'll break this statement down into 3 main parts: assets, liabilities, and equity, and analyze Apple as a real-world walkthrough

Talking Points:

• Introduction to the balance sheet
• Why you shouldn't overlook this important financial statement
• Difference between current and noncurrent assets and liabilities
• Total shareholder equity is the part of the business owned by shareholders