Tech Glossary
What is Financial Analysis?
Financial analysis is the ability to interpret and understand financial reports and data. It also means the ability to use financial information to make profitable business decisions. Financial analysis is an important skill for entrepreneurs and business managers, as it helps them understand how their business is performing and what affects their profitability. It is also an important skill for investors, as it helps them determine whether a company is a profitable investment. Financial analysis can be compared to other competencies related to entrepreneurship and investments, such as financial analysis and business analytics.