How to Read a Balance Sheet (Tesla Example)

The Balance Sheet is one of the three Financial Statements investors use to evaluate a stock.
This video dives into Tesla's Balance Sheet from the 2019 Annual Report. You will learn how to read any business's Balance Sheet from top to bottom and see line by line exactly what everything means.
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Major Sections:
1. Assets
2. Liabilities
3. Owner's Equity
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*None of this is meant to be construed as investment advice, it's for entertainment purposes only
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[@MegaTantrum42]

Super helpful. I like that you explain slowly, which minimizes the risk of mishearing something

[@BullInvestor]

Thank you, glad I could help! Let me know if you have any suggestions in the future

[@amanmamgain3591]

So, we dont have to download income statement, balance sheet and cash flow separately. Just download 10-k and get all information from there.
Am i right bro?

[@alirezahadisi7378]

Wow, This is by far the best explanation I received on balance sheet. Thank you!

[@BullInvestor]

Thanks so much, happy to help!

[@nick_brown]

Great explanation. Thank you!

[@michaelbaines651]

Thanks for this video! Helped a lot on my finance final project

[@elmadensing5765]

Very clear explanation thank you for having this opportunity to learn more💕

[@BullInvestor]

Of course, thank you!

[@youseb1981]

So awesome thank you!!!

[@mochimoshi7599]

really useful thanks

[@sleepydragon8507]

awesome videos!!! super helpful!

[@BullInvestor]

Thanks!

[@supunmadushanka1312]

good explanation. Thank you.

[@BullInvestor]

Thanks!

[@summerbreeze5115]

If share buybacks reduce Cash & Cash Eqv. in the Asset side of ⚖️ sheet.
Doesn't that make the ⚖️ sheet
Unbalanced?

[@pauravtube]

Thanks for the very nice explanation. I hope you go over the income statement and balance sheet of Tesla next earnings. Provide some insight.

[@BullInvestor]

Happy to help!

[@heals630]

Keep it up

[@BullInvestor]

Will do!

[@amanmamgain3591]

Hi Bro, I really liked your video with such a usefull information. I have a question, from which website you download all these financial statement.

[@BullInvestor]

Hey there! For the videos, I use the annual report (10K) of each company. The secret is I just screen shot the tables and crop the picture since there’s no way to download individual tables. Hope this helps!

[@rxviper4833]

hey how come at the end of the cash flow statement the cash balance was 6.7 billion dollars and on the balance sheet it is 6.2 billion dollars. I thought they had to be the same dollar amount?

[@BullInvestor]

Hey! It's just a change from the past year

[@relganz4663]

The numbers don’t actually add up to 34,309 so this example is not very helpful

[@BullInvestor]

I’m not sure which part you’re talking about, mind including a time stamp?

[@relganz4663]

@@BullInvestor The very end, it seems like the whole point of the balance sheet should be to show that A = L + E but they didn’t seem to add up in any way I tried

[@BullInvestor]

Assets = Liabilities + Equity so,
26199 + 643 + 6618 + 849 = 34309 which is the asset value. The values will always add up on formal statements especially for heavily audited public companies.

[@relganz4663]

@@BullInvestor ah I see now. Thanks

[@BullInvestor]

No worries!

[@debashishjena]

So is Tesla a buy?

[@BullInvestor]

Not necessarily, that’s a whole other topic!

[@summerbreeze5115]

Perhaps :)
not