These steps apply for those with MS Excel 2013 and lower versions. Download the file used to follow through. This article labors to take you through 4 simplified steps of creating this non-standard advanced waterfall chart. Power BI experts have done a great article on how you create and use a waterfall chartin Power BI (this is a Microsoft data visualization tool available as a desktop as well as a web-based version). You can use a waterfall chart to present income statement components, how a product price has changed over the last 3 years, etc. A waterfall chart, often referred to as bridge or cascade charts, are used in business to show how a value ( EBITDA in the above figure) changes from one state to another ( FCF value) through a series of intermediate (positive and negative) changes.
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