Type in your own starting figures: every number is editable. Then increase or decrease a line item, or pick a business activity, to trace the change through the income statement, cash flow and balance sheet, with an interview-style walk-through.
Amount
$
Tax rate
%
Gross margin
%
Δ Net income–
Δ Cash–
Balance check
Income Statement
Revenue
Cost of goods sold
Gross profit
Operating expenses
EBITDA
Depreciation & amortization
Operating income (EBIT)
± Other & non-cash items
Interest expense
Pre-tax income (EBT)
Taxes
Net income
Cash Flow Statement
Beginning cash balance
Net income
+ Depreciation & amortization
± Change in receivables
± Change in inventory
± Change in payables
+ Non-cash charges / (gains)
± Deferred revenue
Cash from operations
± Capital expenditure
+ Asset sale proceeds
Cash from investing
± Debt issued / repaid
± Equity issued / bought back
− Dividends paid
Cash from financing
Net change in cash
Ending cash balance
Balance Sheet
Cash
Accounts receivable
Inventory
Fixed assets (net)
Total assets
Accounts payable
Long-term debt
Deferred revenue
Total liabilities
Share capital
Retained earnings
Total equity
Total liabilities & equity
The walk-through
Edit any figure above, then increase or decrease a line item, or pick an activity, and the step-by-step reasoning appears here.
Assumptions: taxes are paid in cash at the rate above (no deferred taxes), depreciation is the only non-cash item, and COGS draws down inventory. These simplifications keep the walk clean: real models layer in deferred taxes, amortization of intangibles, stock-based comp and more. Colors show the direction of each line's change, not whether it's good or bad.