Back to Community
Overview of a New Video Series: “Introduction to Financial Documents”

When creating an algorithm, it can be important to know how to gauge the financial health of a company. This is typically done by using various financial data concerning the companies within your investment universe. One place to get this data is through financial documents, including the income statement, balance sheet, and cash flow statement.

We have released a video on each of the key financial statements that cover the basics of understanding these documents from a quantitative perspective. The videos go over the general layout of each document, their purpose within finance, some of the information that can be gained from each, and how they can be used on Quantopian.

The video series also gives an overview of the Factset Fundamentals dataset and where information from each document can be found within it. If you’d like to learn more about Factset Fundamentals, go to the Data Reference.

The first video covers an income statement:

The second video gives an overview of a balance sheet:

And the third video takes a look at a cash flow statement:

You can find the past forum posts for the Income Statement video here, the Balance Sheet video here, and the Cash Flow Statement video here.

Thank you for watching. Learn more by subscribing to our YouTube channel to access all of our videos.

As always, if there are any topics you would like us to focus on for future videos, please comment below or send us a quick note at [email protected].


The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.