What you will learn
- Interpret earnings and equity measures with their share counts.
- Compare valuation ratios without assuming cheap means safe.
- Separate cash distributions from total return.
Before you begin
Understand that a share is an ownership claim; the encyclopedia entry on stock provides a starting point.
Full lesson list
All lessons are freely available. No enrollment or payment is required.
Accounts and per-share metrics
- Relate profit and equity to the correct denominator.
- Distinguish the total share count from the tradable float.
Valuation in context
- Calculate valuation ratios with compatible units.
- Identify why a lower ratio does not establish lower risk.
Distributions and total return
- Separate a cash distribution from an economic gain.
- Calculate a simple holding-period total return.