Conclusion

While there is a lot to be said for valuing a company, it is no easy task. We hope that we have helped shed some light on this topic, and that you will use this information to make educated investment decisions.

Let's recap what we've learned:

• Financial reports are published quarterly and annually.
• Ratios on their own don't really tell us a whole lot, but when we compare them against previous years numbers, other companies, industry averages, or the economy in general it can reveal a lot!
• Every ratio has its variations, some people exclude things that others include. Use what you feel comfortable with, but be consist when doing comparisons.