Annual Results: Reading between the lines
Dear Sir, Year ending and half yearly results communicate way more information than 1st and 3rd quarter results. This is so because companies share their balance sheets and there’s so much more to interpret from balance sheets and annual reports. Off-late, we have been reading Annual Reports of several small capital goods companies and have noticed some interesting points from the balance sheets: Source: Katalyst Wealth Research Good jump in inventory at the end of Mar’19 despite strong sales in…