
Financial Data
Financial data refers to information that shows the financial health and performance of a business, organization, or individual. It includes details like income, expenses, profits, assets, and debts. This data helps identify how well a entity is doing financially, guiding decision-making, investments, and planning. Examples include balance sheets, income statements, and cash flow reports. Analyzing financial data provides insights into financial stability, growth potential, and areas needing improvement, making it essential for stakeholders like investors, managers, and lenders to make informed choices.