What is Financial Statement?
A definition of Financial Statement
“A financial statement is a formal record of the financial activities of a business, person, or other entity, providing insight into their financial status and performance over a specific time period.”

Business Glossary > What is Financial Statement?
Examples of Financial Statement in a Sentence:
The annual report includes a detailed financial statement.
Analyzing a financial statement helps in understanding the company’s financial health.
Before investing, review the company’s financial statement carefully.
Why is Financial Statement Important in Business?
Understanding a financial statement is essential for evaluating a business’s financial health. Stakeholders, including investors and lenders, use financial statements to assess a company’s profitability, liquidity, and overall performance, guiding informed decision-making.
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Associated Terms
Here are some associated business terms and synonyms for “Financial Statement”:
- Balance Sheet
- Income Statement
- Statement of Cash Flows
Apple Financial Statement
Apple’s financial statements provide detailed insights into its revenue, expenses, and profits, reflecting its leading position in the technology market. Financial statements from the past decade show consistent growth and innovation.
Final Notes on Financial Statement
When analyzing a financial statement, consider:
- Trends in revenue and expenses
- Liquidity and solvency ratios
- Comparisons with industry benchmarks
These factors are vital for understanding the company’s financial trajectory and stability.
This has been a definition of Financial Statement meaning.
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