Financial

Financial Statements in Forex Trading: An Academic Guide

5 min read

Financial statements are an essential part of the Forex market. They provide the key indicators for analysts and traders alike to gauge whether a particular currency is performing well or badly. The main financial statements produced in the Forex market are the balance sheet, income statement, statement of cash flows, and statement of retained earnings. These statements provide financial information such as the total assets and liabilities, net income, cash flows, and retained earnings. Analysts use these figures to evaluate a particular currency’s performance and outlook, and to make decisions on how to trade it in the market. Understanding how to interpret these reports is an essential element to successful Forex trading.

Financial

Where to Find EBIT on Financial Statements: A Guide for Forex Trading

1 min read

If you are looking for ebit on a financial statement, it can be found in the income statement. The ebit, or earnings before interest and taxes, is the amount of money earned from operating a business before deducting interest and taxes. It is an important part of the financial statements and can give you an idea of how much money the business generates from its operations. To calculate the ebit, you will need to subtract the cost of goods sold, operating expenses, and depreciation from the company’s revenues.