The 10-K is a vital document for investors and analysts, providing a comprehensive overview of a company’s financial health, operations, and risks. This report includes audited financial statements, management's analysis of the company’s performance, and disclosures about key risks. Traders rely on 10-K filings to make informed decisions, assess the long-term viability of investments, and gauge market sentiment. The 10-K also helps in comparing companies across industries and sectors, providing critical data points for fundamental analysis.