Nepal Hydro Developers Ltd. (NHDL) Share Price & Fundamentals

Nepal Hydro Developers (NHDL) share price is Rs. 639.00, down 0.16% on 2026-10-12. Open Rs. 635.00. High Rs. 639.00. Low Rs. 632.00. Volume 900.

Nepal Hydro Developers Ltd. is a NEPSE-listed company (NHDL), Hydro Power sector. Revenue: Rs. 11.29 Crore. Net profit: Rs. 5.92 Crore. Net worth: Rs. 47.23 Crore.

About Nepal Hydro Developers Ltd.

Nepal Hydro Developer Limited, Dillibazar, Kathmandu, generates and sells hydroelectric power to the Nepal Electricity Authority and holds investments in other hydropower developers.

Nepal Hydro Developers Ltd. (NHDL) has 42,31,344 shares outstanding. Its most recent declared dividend was 0.47% on face value.

NHDL key metrics

NHDL strengths

What Nepal Hydro Developers Ltd.'s own accounts show in its favour, graded against the rest of its sector.

• Keeps 64% of every sale once the day to day costs of running the business are paid. (Margins)
• Turns 52.4% of every sale into final profit after all costs, interest and tax. (Margins)
• Keeps 85.2% of every sale after paying to make the product, leaving room for running costs and profit. (Margins)
• Debt sits at just 0.26x of shareholders' money, so lenders have little claim on the company. (Leverage & Solvency)
• Earns 64% on everything it takes in, before interest and tax are paid. (Profitability)
• Profits cover the interest bill 11.82x over, so loan payments are comfortably affordable. (Leverage & Solvency)
• 78.2% of everything it owns was paid for by shareholders rather than borrowed. (Leverage & Solvency)
• Buildings and machinery are a modest 0.3% of assets, so it is not tied to heavy fixed costs. (Efficiency)
• Profit grew 10.8% on last year, and it is growing faster than most costs. (Growth)
• Earns 8.8% a year on everything it owns, so its buildings, stock and cash are being put to work. (Profitability)
• Covers short term bills 1.37x over even without selling any stock, which is a strong cash position. (Liquidity)
• Shareholders' stake in the company grew 12.2% over the year, so value is building up. (Shareholder Returns)
• What the company owns grew 15.9%, which usually means it is investing to get bigger. (Growth)

NHDL weaknesses

What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.

• Every rupee of assets brings in only 0.18x of sales, so its assets generate little trade. (Efficiency)
• Cash is only 0.1% of what it owns, so there is little spare for a surprise. (Liquidity)
• Return on shareholders' money is 11.3%, less than most savers would expect. (Profitability)
• Short term bills are covered only 1.37x over, so a slow month could squeeze cash. (Liquidity)
• Sales moved 4.4% on last year, so the business is not winning new custom. (Growth)
• Return on the money tied up in the business is 12.4%, so capital is not working hard. (Profitability)

NHDL Q4 2082/83 results

In Q4 2082/83 Nepal Hydro Developers Ltd. reported profit of Rs. 0.61 crore and revenue from operations of Rs. 1.87 crore. Profit in Q3 2082/83 was Rs. 0.84 crore. Profit fell 28.19% on the previous quarter. Revenue from operations fell 7.96% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 0.36 crore. Profit grew 67.44% on the same quarter last year. Revenue from operations grew 4.44% on the same quarter last year.

NHDL annual results 2082/83

For the financial year 2082/83 Nepal Hydro Developers Ltd. reported net profit of Rs. 5.92 crore, revenue from operations of Rs. 11.29 crore and net worth of Rs. 47.23 crore. Net profit in 2081/82 was Rs. 5.34 crore. Net profit grew 10.84% on the year. Revenue from operations grew 4.40% on the year.

NHDL profit and loss for 2082/83

In the financial year 2082/83, Nepal Hydro Developers Ltd. reported revenue from operations of Rs. 11.29 crore, gross profit of Rs. 9.62 crore, operating profit of Rs. 7.23 crore, profit before tax of Rs. 6.62 crore and net profit for the year of Rs. 5.92 crore.

Reported under gross profit: cost of sales of Rs. 1.67 crore. Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.27 crore, employee benefit expenses of Rs. 0.13 crore, depreciation and amortisation of Rs. 1.92 crore and other operating expenses of Rs. 0.07 crore. Reported under profit before tax: finance costs of Rs. 0.61 crore. Reported under net profit for the year: current tax of Rs. 0.7 crore.

NHDL profit and loss for 2081/82

In the financial year 2081/82, Nepal Hydro Developers Ltd. reported revenue from operations of Rs. 10.82 crore, gross profit of Rs. 9.98 crore, operating profit of Rs. 6.72 crore, profit before tax of Rs. 6 crore and net profit for the year of Rs. 5.34 crore.

Reported under gross profit: cost of sales of Rs. 0.84 crore. Reported under operating profit: other income of Rs. 0.15 crore, selling and distribution expenses of Rs. 0 crore, administrative expenses of Rs. 0.36 crore, employee benefit expenses of Rs. 0.95 crore, depreciation and amortisation of Rs. 1.92 crore, allowance for expected credit loss of Rs. 0 crore and other operating expenses of Rs. 0.18 crore. Reported under profit before tax: finance costs of Rs. 0.72 crore and gain on investments through fair value of Rs. 0 crore. Reported under net profit for the year: current tax of Rs. 0.67 crore, deferred tax of Rs. 0.01 crore and prior period tax adjustment of Rs. 0 crore.

NHDL profit and loss for 2080/81

In the financial year 2080/81, Nepal Hydro Developers Ltd. reported revenue from operations of Rs. 9.51 crore, gross profit of Rs. 8.8 crore, operating profit of Rs. 5.59 crore, profit before tax of Rs. 4.44 crore and net profit for the year of Rs. 4.06 crore.

Reported under gross profit: cost of sales of Rs. 0.71 crore. Reported under operating profit: other income of Rs. 0.05 crore, selling and distribution expenses of Rs. 0 crore, administrative expenses of Rs. 0.27 crore, employee benefit expenses of Rs. 0.96 crore, depreciation and amortisation of Rs. 1.88 crore, allowance for expected credit loss of Rs. 0 crore and other operating expenses of Rs. 0.15 crore. Reported under profit before tax: finance costs of Rs. 1.15 crore and gain on investments through fair value of Rs. 0 crore. Reported under net profit for the year: current tax of Rs. 0.51 crore, deferred tax of Rs. 0.13 crore and prior period tax adjustment of Rs. 0 crore.

NHDL balance sheet for 2081/82

In the financial year 2081/82, Nepal Hydro Developers Ltd. reported total non-current assets of Rs. 52.1 crore, total current assets of Rs. 8.31 crore, total equity of Rs. 47.23 crore, total non-current liabilities of Rs. 7.1 crore and total current liabilities of Rs. 6.08 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 0.2 crore, capital work-in-progress of Rs. 0 crore, intangible assets of Rs. 38.34 crore, right-of-use assets of Rs. 0 crore, deferred tax assets of Rs. 0.02 crore, investment in quoted shares of Rs. 0 crore, investment in subsidiaries of Rs. 0 crore, other financial assets of Rs. 13.55 crore and other non-current assets of Rs. 0 crore. Reported under total current assets: inventories of Rs. 0 crore, trade receivables of Rs. 5.27 crore, cash and cash equivalents of Rs. 0.08 crore, bank balance (other than cash and cash equivalents) of Rs. 0.04 crore, advances of Rs. 0 crore, income tax assets (net) of Rs. 0 crore, investments in fixed deposit of Rs. 0 crore, prepayments of Rs. 0 crore, other financial assets of Rs. 0 crore and other current assets of Rs. 2.92 crore. Reported under total equity: share capital of Rs. 38.82 crore, share premium reserve of Rs. 0 crore, reserve and surplus of Rs. 0 crore, retained earnings of Rs. 0 crore, other equity of Rs. 8.41 crore and non-controlling interest of Rs. 0 crore. Reported under total non-current liabilities: long term borrowings of Rs. 7.1 crore, lease liabilities of Rs. 0 crore, deferred tax liabilities (net) of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 0 crore and provisions of Rs. 0 crore. Reported under total current liabilities: short term borrowings of Rs. 5 crore, trade payables of Rs. 0.27 crore, lease liabilities of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 0 crore, other current liabilities of Rs. 0.24 crore, provisions of Rs. 0.32 crore and income tax liabilities (net) of Rs. 0.25 crore.

NHDL balance sheet for 2080/81

In the financial year 2080/81, Nepal Hydro Developers Ltd. reported total non-current assets of Rs. 43.97 crore, total current assets of Rs. 8.15 crore, total equity of Rs. 42.08 crore, total non-current liabilities of Rs. 2.1 crore and total current liabilities of Rs. 7.95 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 0.05 crore, capital work-in-progress of Rs. 0.16 crore, intangible assets of Rs. 40.21 crore, right-of-use assets of Rs. 0 crore, deferred tax assets of Rs. 0.01 crore, investment in quoted shares of Rs. 0 crore, investment in subsidiaries of Rs. 0 crore, other financial assets of Rs. 3.55 crore and other non-current assets of Rs. 0 crore. Reported under total current assets: inventories of Rs. 0 crore, trade receivables of Rs. 4.9 crore, cash and cash equivalents of Rs. 0.16 crore, bank balance (other than cash and cash equivalents) of Rs. 0.04 crore, advances of Rs. 0 crore, income tax assets (net) of Rs. 0 crore, investments in fixed deposit of Rs. 0 crore, prepayments of Rs. 0 crore, other financial assets of Rs. 0 crore and other current assets of Rs. 3.05 crore. Reported under total equity: share capital of Rs. 35.94 crore, share premium reserve of Rs. 0 crore, reserve and surplus of Rs. 0 crore, retained earnings of Rs. 0 crore, other equity of Rs. 6.14 crore and non-controlling interest of Rs. 0 crore. Reported under total non-current liabilities: long term borrowings of Rs. 2.1 crore, lease liabilities of Rs. 0 crore, deferred tax liabilities (net) of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 0 crore and provisions of Rs. 0 crore. Reported under total current liabilities: short term borrowings of Rs. 6.53 crore, trade payables of Rs. 0.32 crore, lease liabilities of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 0 crore, other current liabilities of Rs. 0.37 crore, provisions of Rs. 0.23 crore and income tax liabilities (net) of Rs. 0.51 crore.

NHDL balance sheet for 2079/80

In the financial year 2079/80, Nepal Hydro Developers Ltd. reported total non-current assets of Rs. 45.56 crore, total current assets of Rs. 11.58 crore, total equity of Rs. 38.2 crore, total non-current liabilities of Rs. 7.22 crore and total current liabilities of Rs. 11.72 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 0.07 crore, capital work-in-progress of Rs. 0 crore, intangible assets of Rs. 41.95 crore, right-of-use assets of Rs. 0 crore, deferred tax assets of Rs. 0 crore, investment in quoted shares of Rs. 0 crore, investment in subsidiaries of Rs. 0 crore, other financial assets of Rs. 3.55 crore and other non-current assets of Rs. 0 crore. Reported under total current assets: inventories of Rs. 0 crore, trade receivables of Rs. 5.39 crore, cash and cash equivalents of Rs. 0.11 crore, bank balance (other than cash and cash equivalents) of Rs. 3 crore, advances of Rs. 0 crore, income tax assets (net) of Rs. 0.06 crore, investments in fixed deposit of Rs. 0 crore, prepayments of Rs. 0 crore, other financial assets of Rs. 0.01 crore and other current assets of Rs. 3.01 crore. Reported under total equity: share capital of Rs. 33.59 crore, share premium reserve of Rs. 0 crore, reserve and surplus of Rs. 0 crore, retained earnings of Rs. 0 crore, other equity of Rs. 4.61 crore and non-controlling interest of Rs. 0 crore. Reported under total non-current liabilities: long term borrowings of Rs. 7.1 crore, lease liabilities of Rs. 0 crore, deferred tax liabilities (net) of Rs. 0.12 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 0 crore and provisions of Rs. 0 crore. Reported under total current liabilities: short term borrowings of Rs. 10.54 crore, trade payables of Rs. 0.07 crore, lease liabilities of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 0.21 crore, other current liabilities of Rs. 0.22 crore, provisions of Rs. 0.68 crore and income tax liabilities (net) of Rs. 0 crore.

NHDL cash flow for 2081/82

In the financial year 2081/82, Nepal Hydro Developers Ltd. reported opening cash & cash equivalents of Rs. 0.09 crore, net cash from operating activities of Rs. 7.39 crore, net cash from investing activities of Rs. 10.04 crore, net cash from financing activities of Rs. 2.34 crore, net change in cash of Rs. 0.31 crore and closing cash & cash equivalents of Rs. 0.23 crore.

Reported under net cash from operating activities: profit before tax of Rs. 6 crore, adjustment for depreciation and amortisation of Rs. 1.92 crore, adjustment for finance costs of Rs. 0.72 crore, changes in working capital of Rs. 0.74 crore and income tax paid of Rs. 0.51 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 0.04 crore, proceeds from sale of property, plant and equipment of Rs. 0 crore, purchase of investments of Rs. 10 crore, interest received of Rs. 0 crore and dividend received of Rs. 0 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 3.25 crore, repayment of borrowings of Rs. 0 crore, payment of lease liabilities of Rs. 0 crore, dividends paid of Rs. 0.15 crore and interest paid of Rs. 0.72 crore.

NHDL cash flow for 2080/81

In the financial year 2080/81, Nepal Hydro Developers Ltd. reported opening cash & cash equivalents of Rs. 3.11 crore, net cash from operating activities of Rs. 3.54 crore, net cash from investing activities of Rs. 0.26 crore, net cash from financing activities of Rs. 6.31 crore, net change in cash of Rs. 3.03 crore and closing cash & cash equivalents of Rs. 0.09 crore.

Reported under net cash from operating activities: profit before tax of Rs. 4.44 crore, adjustment for depreciation and amortisation of Rs. 1.88 crore, adjustment for finance costs of Rs. 1.15 crore, changes in working capital of Rs. 3.93 crore and income tax paid of Rs. 0 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 0.3 crore, proceeds from sale of property, plant and equipment of Rs. 0 crore, purchase of investments of Rs. 0 crore, interest received of Rs. 0.05 crore and dividend received of Rs. 0 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 0 crore, repayment of borrowings of Rs. 5 crore, payment of lease liabilities of Rs. 0 crore, dividends paid of Rs. 0.12 crore and interest paid of Rs. 1.15 crore.

NHDL cash flow for 2079/80

In the financial year 2079/80, Nepal Hydro Developers Ltd. reported opening cash & cash equivalents of Rs. 1.01 crore, net cash from operating activities of Rs. 12.15 crore, net cash from investing activities of Rs. 2.8 crore, net cash from financing activities of Rs. 7.26 crore, net change in cash of Rs. 2.1 crore and closing cash & cash equivalents of Rs. 3.11 crore.

Reported under net cash from operating activities: profit before tax of Rs. 4.77 crore, adjustment for depreciation and amortisation of Rs. 1.88 crore, adjustment for finance costs of Rs. 1.46 crore, changes in working capital of Rs. 4.04 crore and income tax paid of Rs. 0 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 0 crore, proceeds from sale of property, plant and equipment of Rs. 0 crore, purchase of investments of Rs. 3 crore, interest received of Rs. 0.21 crore and dividend received of Rs. 0 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 0 crore, repayment of borrowings of Rs. 5.71 crore, payment of lease liabilities of Rs. 0 crore, dividends paid of Rs. 1.68 crore and interest paid of Rs. 1.46 crore.

NHDL quarterly for Q4 2082/83

In the quarter Q4 2082/83, Nepal Hydro Developers Ltd. reported revenue from operations of Rs. 1.87 crore, gross profit of Rs. 1.43 crore, operating profit of Rs. 0.85 crore, profit before tax of Rs. 0.71 crore and net profit for the year of Rs. 0.61 crore.

Reported under gross profit: cost of sales of Rs. 0.44 crore. Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.08 crore, employee benefit expenses of Rs. 0.01 crore, depreciation and amortisation of Rs. 0.48 crore and other operating expenses of Rs. 0.01 crore. Reported under profit before tax: finance costs of Rs. 0.14 crore. Reported under net profit for the year: current tax of Rs. 0.11 crore.

NHDL quarterly for Q3 2082/83

In the quarter Q3 2082/83, Nepal Hydro Developers Ltd. reported revenue from operations of Rs. 2.03 crore, gross profit of Rs. 1.63 crore, operating profit of Rs. 1.07 crore, profit before tax of Rs. 0.94 crore and net profit for the year of Rs. 0.84 crore.

Reported under gross profit: cost of sales of Rs. 0.4 crore. Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.06 crore, employee benefit expenses of Rs. 0.02 crore, depreciation and amortisation of Rs. 0.48 crore and other operating expenses of Rs. 0.01 crore. Reported under profit before tax: finance costs of Rs. 0.13 crore. Reported under net profit for the year: current tax of Rs. 0.09 crore.

NHDL quarterly for Q2 2082/83

In the quarter Q2 2082/83, Nepal Hydro Developers Ltd. reported revenue from operations of Rs. 3.71 crore, gross profit of Rs. 3.34 crore, operating profit of Rs. 2.72 crore, profit before tax of Rs. 2.56 crore and net profit for the year of Rs. 2.31 crore.

Reported under gross profit: cost of sales of Rs. 0.37 crore. Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.06 crore, employee benefit expenses of Rs. 0.05 crore, depreciation and amortisation of Rs. 0.48 crore and other operating expenses of Rs. 0.03 crore. Reported under profit before tax: finance costs of Rs. 0.15 crore. Reported under net profit for the year: current tax of Rs. 0.26 crore.

NHDL quarterly for Q1 2082/83

In the quarter Q1 2082/83, Nepal Hydro Developers Ltd. reported revenue from operations of Rs. 3.68 crore, gross profit of Rs. 3.22 crore, operating profit of Rs. 2.59 crore, profit before tax of Rs. 2.41 crore and net profit for the year of Rs. 2.17 crore.

Reported under gross profit: cost of sales of Rs. 0.46 crore. Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.08 crore, employee benefit expenses of Rs. 0.05 crore, depreciation and amortisation of Rs. 0.48 crore and other operating expenses of Rs. 0.02 crore. Reported under profit before tax: finance costs of Rs. 0.18 crore. Reported under net profit for the year: current tax of Rs. 0.24 crore.

NHDL Profit & Loss

Values in Rs. Crore unless stated otherwise.

NHDL Balance Sheet

Values in Rs. Crore unless stated otherwise.

NHDL Cash Flow

Values in Rs. Crore unless stated otherwise.

NHDL Quarterly Results

Values in Rs. Crore unless stated otherwise.

Nepal Hydro Developers share price history

Over the last 15 trading sessions NHDL closed between Rs. 632.00 and Rs. 644.00, finishing at Rs. 639.00 on 2026-10-12 against Rs. 639.50 on 2026-09-18.

NHDL share price by year

2026, between Rs. 606.20 and Rs. 780.00, 2025, between Rs. 577.98 and Rs. 919.82, 2024, between Rs. 312.18 and Rs. 692.48, 2023, between Rs. 240.55 and Rs. 342.25, 2022, between Rs. 222.29 and Rs. 472.56 and 2021, between Rs. 135.18 and Rs. 593.57.

Nepal Hydro Developers share price returns

At Rs. 639.00 on 2026-10-12, NHDL is down 0.47% over 1 week, up 1.61% over 1 month, up 1.27% over 3 months, down 3.77% over 6 months, up 6.99% over 1 year and up 92.40% over 5 years. Each return compares that close with the last close on or before the same date in the earlier period.

NHDL floorsheet for 2026-10-12

NHDL traded 19 times on 2026-10-12, moving 900 shares for Rs. 0.06 crore of turnover. Trades went through between Rs. 616.00 and Rs. 639.00.

Largest buyers by volume: broker 8, Ashutosh Brokerage & Securities Pvt. Limited on 290 shares across 2 trades, broker 33, Dakshinkali Investment Securities Pvt.Limited on 200 shares across 4 trades, broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 138 shares across 3 trades, broker 75, NIMB Stock Markets Limited on 100 shares across 1 trades, broker 51, Oxford Securities Pvt.Ltd on 100 shares across 2 trades, broker 6, Agrawal Securities Pvt. Limited on 30 shares across 2 trades, broker 13, Thrive Brokerage House Pvt. Limited on 20 shares across 1 trades, broker 21, Midas Stock Broking Company Pvt. Limited on 11 shares across 2 trades, broker 32, Premier Securites Company Limited on 10 shares across 1 trades and broker 29, Trishul Securities And Investment Limited on 1 shares across 1 trades.

Largest sellers by volume: broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 510 shares across 5 trades, broker 60, Nagarik Stock Dealer Company Ltd. on 149 shares across 2 trades, broker 17, ABC Securities Pvt. Limited on 100 shares across 2 trades, broker 58, Naasa Securities Co. Ltd. on 51 shares across 1 trades, broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 22 shares across 1 trades, broker 14, Nepal Stock House Pvt. Limited on 20 shares across 2 trades, broker 6, Agrawal Securities Pvt. Limited on 16 shares across 1 trades, broker 45, Imperial Securities Co. Limited on 10 shares across 1 trades, broker 42, Sani Securities Company Limited on 10 shares across 1 trades and broker 34, Vision Securities Pvt.Limited on 10 shares across 1 trades.

NHDL dividend history: bonus shares and cash dividend

Nepal Hydro Developers Ltd. most recently declared a 9% bonus share issue for 2081/2082, announced on 2025-12-14. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.

For 2081/2082 Nepal Hydro Developers Ltd. declared a 9% bonus share issue, announced on 2025-12-14.

For 2080/2081 Nepal Hydro Developers Ltd. declared an 8% bonus share issue, announced on 2024-12-15.

For 2079/2080 Nepal Hydro Developers Ltd. declared a 7% bonus share issue, announced on 2023-12-03.

For 2078/2079 Nepal Hydro Developers Ltd. declared a 5% bonus share issue, announced on 2022-12-16.

For 2077/2078 Nepal Hydro Developers Ltd. declared a 7% bonus share issue, announced on 2021-12-17.

NHDL general meetings

Annual and special general meetings Nepal Hydro Developers Ltd. has called. A dividend is declared by the board and approved at the AGM.

• 19th AGM for 2081/2082: on 2026-01-07, at Amrapali Banquet, Bhatbhateni, Kathmandu (11:00 AM)
• 18th AGM for 2080/2081: on 2025-01-09, at Lisara Receptions, Naxal, Kathmandu (11:00 AM)
• 17th AGM for 2079/2080: on 2023-12-28, at Lisara Receptions, Naxal, Kathmandu (11:00 AM)

6 years of annual statements and 12 quarters of results for NHDL, with charts and peer comparison, are free on NepView.

New to these statements? How to read a profit and loss statement, How to read a balance sheet, How to read a cash flow statement, How to read quarterly results.

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