CA is presently reporting on over 74 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Long Term Debt to Equity of 0.4259 or Calculated Tax Rate of 34.1871 will help investors to properly organize and evaluate CA financial condition quickly. Financial Statement Analysis is way more than just reviewing and evaluating CA prevailing accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether CA is a good buy for the upcoming year. Check also Trending Equities.