Financial analysis is the process of investigating a company's performance in the context of industry and economic environment to reach decisions or recommendations. Often, financial analyst decisions and recommendations relate to providing capital to a company-specifically, whether to invest in the value of the company's debt or stock, and at what price. Is it an investment? Investors in debt securities are concerned about the company's ability to pay interest and repay the borrowed principal. Equity investors are owners who have residual interest on the company and are concerned about the company's ability to pay dividends and its potential to increase its stock price. Overall, the main focus of financial analysis is on companies that generate capital profits that are at least equal to the cost of their capital, continue profitable businesses, fulfill their commitments, and generate enough cash to pursue opportunities. This book is a step to provide path for analyzing the financial statement of different organizations. This book is helpful to the students of B.Com, B.B.A., M.B.A., CA , CS, CMA etc.