Alphabet is presently reporting on over 18 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 0.0236, Calculated Tax Rate of 19.0285, PPandE Turnover of 2.9904 or Receivables Turnover of 7.1703 will help investors to properly organize and evaluate Alphabet Inc financial condition quickly. Financial Statement Analysis is way more than just reviewing and evaluating Alphabet Inc 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 Alphabet Inc is a good buy for the upcoming year. Please also check Risk vs Return Analysis.