Explaining the Value of a 10K
The Foundation of Business Acumen
A 10-K is a financial report that publicly traded companies are required to submit to the security exchange commission on an annual basis. This document is a great resource to understand how any company is performing, what's going on in the business, and look at its key metrics and measures.
Let's look at Costco as an example.
The easiest way to access a 10-K is to look for a company's annual filings. The 10-K refers specifically to the form that every company has to fill out as a part of their SEC filings. If you see 10-Q, those are quarter