• 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 it's variations, some people exclude things that others include. Use what you feel comfortable with, but be sure to have consistency when comparing against other companies.
  

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Related Articles and Tutorials
If you are still unsure about many of the terms we discussed in this tutorial then please check out our list of Fundamental Analysis and Financial Reporting terms.

Learn to Look at the Cash Flow - an article discussing the key items to look at when reviewing the statement of cash flow.

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Annual Report Analysis - Invest-faq.com helps you understand the financial reports.

The Basics of Fundamental Analysis - an excellent tutorial by the TheStreet.com where the author goes through several fundamental analysis techniques on Budweiser.