Analysis of the financial statements of a company is beneficial for:

All the above

Option 1 Shareholders
Option 2 Debenture holders
Option 3 Investors
Financial analysis can be undertaken by management of the firm, or by parties outside the firm, viz., owners, trade creditors, lenders, investors, labour unions, analysts and others. The nature of analysis will differ depending on the purpose of the analyst. A technique frequently used by an analyst need not necessarily serve the purpose of other analysts because of the difference in the interests of the analysts.