THE INTERACTIVE FINANCIAL MODEL
One change. Every connection.
Understand financial statements by changing them. Explore how a single assumption moves through an entire business.
Northline Industries
Some requested targets exceed available balances. Depreciation is capped at opening depreciable assets; receivables cannot exceed opening receivables plus sales; inventory cannot fall by more than the goods expensed; payables cannot exceed opening payables plus purchases. Realized day ratios may differ from requested assumptions. No unmodeled refunds, disposals or supplier advances are assumed.
Statements
Both methods give the same operating cash flow. Indirect starts with net income, adds back non-cash expenses, and adjusts working capital. Direct groups actual customer receipts and operating payments. Interest and taxes are operating flows in this simplified model.
Impact trail
2026EMove a driver. Follow the money.
Start with revenue growth or DSO. Affected rows will show the change versus the previous model.
01 / Scenarios
What happens if…
Apply a transaction to the selected forecast year and trace both sides of the entry.
02 / Metrics
The numbers behind the numbers.
Select a metric to expand its formula and trace its inputs. Returns use average opening and closing capital.
03 / Learn
Build your financial intuition.
Clear explanations. Worked examples. A model you can change.
Three statements. One connected story.
The Income Statement explains performance, the Balance Sheet shows what the business owns and owes, and the Cash Flow Statement explains how cash moved. BalanceCheat links all three, so you can see why profit is not the same as cash.
Model conventions
Illustrative annual EUR model. Baseline long-term debt has separate yearly targets; scenario borrowings and repayments persist until offset by an explicit debt movement. Interest uses opening long-term debt plus the modeled revolver. A hypothetical current revolver funds cash deficits and is repaid from surpluses; no credit availability is implied. Taxes are paid on positive EBT with no loss credits, loss carryforwards or deferred tax assets. Normalized NOPAT likewise gives no tax credit on losses. SG&A scales with revenue. Baseline D&A is manually forecast and capped at opening baseline PP&E; current year-end capex cannot be depreciated immediately. Scenario equipment is depreciated straight-line over five years from the next year, with no residual value. Other current assets/liabilities are 1.5%/2% of revenue; other long-term balances stay fixed. Receivable/inventory transaction adjustments are year-specific and can unwind next year. All transactions occur at year end.