Skill path · Intermediate–advancedLive

Three-Statement Model from a Blank Sheet

One integrated model, built from a blank sheet to a balance that checks.

20 exercises · 5 h · 424 checked cells

2 of 20 exercises free, no account needed.

The route

  1. 1Conventions and the assumption blockSetup & Conventions2 exercises · 22 minFree
  2. 2Revenue and operating cost buildSetup & Conventions3 exercises · 34 minFull access
  3. 3Working capital — DSO, DIO, DPOSupporting Schedules3 exercises · 36 minFull access
  4. 4PP&E and the depreciation waterfallSupporting Schedules3 exercises · 41 minFull access
  5. 5The debt schedule and the revolverDebt & Circularity3 exercises · 46 minFull access
  6. 6Interest circularity and the circuit breakerDebt & Circularity2 exercises · 31 minFull access
  7. 7Linking the three statementsIntegration2 exercises · 50 minFull access
  8. 8The balance check, and finding the breakIntegration2 exercises · 34 minFull access

What it ends in

A FinX certificate of completion, which anyone can verify by link.

Questions

How long does Three-Statement Model from a Blank Sheet take?
About 5 h: 20 exercises in 8 lessons, with 424 checked cells between them. Times are estimates from writing the lessons.
What can I do for free?
2 of the 20 exercises are free, with no account: Conventions and the assumption block. Full access opens the rest.
Do I need Excel installed?
No. Every exercise runs in a spreadsheet in your browser, and each answer is checked cell by cell, so you see exactly which cell is wrong.
What do I get at the end?
A FinX certificate of completion, which anyone can verify by link.
Which career paths include it?
Financial Analyst, Investment Banking Analyst, Private Equity Associate and Credit Analyst. A career path strings skill paths together in the order a job uses them.