
## What is an Income Statement?

An income statement is a financial statement that shows a company's financial performance over a specific accounting period. It provides a summary of how the business incurs its revenues and expenses, ultimately leading to net profit or loss for the period.

Key components of an income statement:

1. Revenue: The total income generated by the sale of goods or services.
2. Expenses: The costs incurred in the process of earning revenue.
3. Gross Profit: Revenue minus the cost of revenue.
4. Operating Income: Gross profit minus operating expenses.
5. Net Income: The final profit or loss after all expenses, including taxes and interest.

The income statement is crucial for understanding a company's profitability and financial performance.
    

Total profit or loss after all expenses, including taxes.

## Source Code
The source code for this chart is located at [https://github.com/nathansnellaert/subsets-pipelines/blob/main/integrations/assets/fmp/income_statements.py#L124](GitHub)

Historical data for GAP

Net Income - GAP

Date

Net Income (in USD)

Take the absolute value of the Y-axis values.

Absolute Value

Scale the Y-axis values to a specified range.

Scale


## What is a Balance Sheet?

A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It shows what a company owns (assets), what it owes (liabilities), and the difference between the two (shareholder's equity).

Key components of a balance sheet:

1. Assets: Resources owned by the company that have economic value.
2. Liabilities: The company's financial obligations or debts.
3. Shareholders' Equity: The residual interest in the assets after deducting liabilities.

The fundamental equation of a balance sheet is:
Assets = Liabilities + Shareholders' Equity

Balance sheets are crucial for assessing a company's financial health, liquidity, and solvency.
    

Taxes owed but not yet paid.

## Source Code
The source code for this chart is located at [https://github.com/nathansnellaert/subsets-pipelines/blob/main/integrations/assets/fmp/balance_sheet_statements.py#L148](GitHub)

Tax Payables - GAP

Tax Payables (in USD)


## What is an Income Statement?

An income statement is a financial statement that shows a company's financial performance over a specific accounting period. It provides a summary of how the business incurs its revenues and expenses, ultimately leading to net profit or loss for the period.

Key components of an income statement:

1. Revenue: The total income generated by the sale of goods or services.
2. Expenses: The costs incurred in the process of earning revenue.
3. Gross Profit: Revenue minus the cost of revenue.
4. Operating Income: Gross profit minus operating expenses.
5. Net Income: The final profit or loss after all expenses, including taxes and interest.

The income statement is crucial for understanding a company's profitability and financial performance.
    

Miscellaneous expenses not classified under other headings.

## Source Code
The source code for this chart is located at [https://github.com/nathansnellaert/subsets-pipelines/blob/main/integrations/assets/fmp/income_statements.py#L124](GitHub)

Net Income - GAP

Historical data for GAP

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Tax Payables - GAP

Historical data for GAP

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Tax Payables - GAP

Historical data for GAP

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Other Expenses - GAP

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