Types of financial forecasts

Here is a list of the 10 most common types of financial models:

Here we have the four major components of a financial model: the income statement, balance sheet, cash flow statement, and a debt schedule to keep track of debt repayments or borrowings if cash is needed.

A financial model is the summary of a company’s performance, based on certain variables, that helps the business forecast future financial performance . In other words, it helps a company see the likely financial results of a decision in quantitative terms.

Financial Modeling Defined A financial model spreadsheet usually looks like a table of financial data organized into fiscal quarters and/or years . Each column of the table represents the balance sheet, income statement, and cash flow statement of a future quarter or year.