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Starter 7 lessons

Key Financial Ratios


Master the essential ratios that analysts use to evaluate profitability, efficiency, leverage, and liquidity.

Before this course

These cover the assumed background. You can start here anyway — nothing is locked.

Reading Financial Statements

Lessons in this course

Work through them in order, or jump to whichever fits where you are. Every lesson is free and saves your progress locally.

  1. 01Profitability Ratios: How Much Does the Company Keep?
  2. 02Return on Equity: Shareholder Efficiency
  3. 03ROIC: The Truth About Business Quality
  4. 04Liquidity Ratios: Can They Pay Their Bills?
  5. 05Leverage Ratios: How Much Debt Is Too Much?
  6. 06Efficiency Ratios: How Well Management Runs the Business
  7. 07Cash Conversion Cycle: Who Funds Whom?
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