When it comes to financial analysis, the most important things to assess are a company’s four main financial statements: the balance sheet, the income statement, the cash flow statement, and the statement of shareholder’s equity. Taken together, these statements can tell you the source of a business’ money, how it was used, and where it was allocated. Each of these financial statements also consists of multiple smaller components, including a company’s assets, earnings per share, and cash inflows/outflows, that can provide further insight into a business's financial health.