Understanding cash flow statements is important because they measure whether a company generates enough cash to meet its operating expenses.

Charts help people to visualize information. A cash flow chart clarifies what your company does with its money in a way that may not be apparent when you look at a spreadsheet page full of numbers.

I start with the Dividend Triangle—multi-year trends in revenue, EPS, and dividends—to find steady compounders across cycles.

Tesla confounded critics on Wednesday by reporting healthy profits and significantly positive cash flow in the third calendar quarter. “They’re going to be on the verge of bankruptcy, because they ...