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What is elevator analysis?

Updated: 11/8/2022
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11y ago

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Typically used in finance and accounting. Describing changes in numbers as year such...

Revenues went up

EBITDA went down

Total assets went up

Total liabilities went down

These are useless to anyone who is looking for solid analysis. What the reader wants to know is WHY something went up/down. For example,

Revenues went up due to several major clients making significantly more orders this year than the previous year.

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