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A company's annual report states that stock-based compensation is bigger than new revenue gained for the year, but revenue per share increased

I'm having trouble making sense of the accounting in this SEC filing for the annual report of Asana. Specifically, they spent much more on stock-based compensation expenses (202m) than they gained in ...
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How do I get breakdown of COGS?

Is there a way to get a breakdown of COGS for a public company?
Jean's user avatar
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Fictional "dividend" of accumulating ETFs

A question about accumulating ETFs: is there a way to determine from my Interactive Broker statements how much "fictional" dividend (the money the ETF reinvests from the dividends of each ...
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How to determine the amount of cash acquired from the market or banks?

I'm trying to sum up the amount of dividend and the money acquired from financing activities, e.g lending from banks, or moneys from investors. Then I can calculate the Total Dividend / Total Acquired ...
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What does "TEOP BE Branch" mean?

My financial statements contain a transaction to "TEOP BE Branch". The transaction has no other metadata. What does this transaction mean? Searching for this string doesn't turn up anything. ...
Merlijn Sebrechts's user avatar
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Why do these two formulas for free cash flow differ?

I am working through a chapter on the cash flow statement of "Fundamental Analysis for dummies" while at the same time running some of the formulas on a real life example of one company's ...
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What will be the effects on the stocks of a mining company if they find a new deposit of metals and minerals

I recently heard of a large mining company called The Metals Company about to mine the Clarion-Clipperton Zone,its larger than all the mineral deposits on land put together .Will this have a ...
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Could somoneplease explain this portion from Financial Statement Analysis Text by Fridson and Alvarez

Please excuse my lack of knowledge. But I was reading the above text and couldnt understand the following calculation. Will someone be kind enough to explain this to me?? I am unable to understand ...
noobinvestor's user avatar
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Determine loan interest rate from income statements and balance sheets

I'm trying to determine the loan interest rate from financial statements, e.g https://finance.yahoo.com/quote/VLVLY/balance-sheet?p=VLVLY Here's what I got Interesting expense 1,205,000 = 12.05B ...
daisy's user avatar
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The pitfall of high ROE

The formula of ROE is Net Income / Shareholders' Equity. If a company has a high debt / asset ratio, the Shareholders' Equity would be a small value thus results in a high ROE. So a company with a ...
daisy's user avatar
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How to calculate the average shareholder's equity?

We get the conclusion from a website: ROE and ASE The average shareholders' equity calculation is the beginning shareholders' equity plus the ending shareholders' equity, divided by two. The resulting ...
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Total Cash Flow unequal to Difference in Cash

I am currently look at the financials of Apple. Basic financial accounting implies that the following relation has to hold: Cash & Cash Equivalents in 2022 - Cash & Cash Equivalents in 2021 = ...
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Number of outstanding shares from Financial Statement

I'm trying to self calculate P/E Ratio. From this I need to calculate EPS. For this I need number of shares outstanding. Googling shares outstanding for Tesla in 2021 I see numbers like ~3.16 Billion. ...
Hidden's user avatar
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Were can I find the Depreciation for Microsoft (MSFT)?

I looked at the financial statements for MSFT. I am trying to find the depreciation in the operating expenses, but it seems they did not disclose the information. Did I look at the the right place? ...
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How to look up Oppidan and Ebenezer financial statements?

Oppidan is a property development firm with headquarters in Minnesota. They partner with Ebenezer to run senior care facilities. I would like to know more about the finances of these two companies. ...
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Why do why many companies show Trailing Twelve Months (TTM) rather than a YTD or Quarter to Quarter?

I would like to ask you why many companies show them Revenue TTM as an indicator of performance during the year rather than to see the YTD or Quarter to Quarter comparison? What information can give ...
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Where are the tesla's Parenthetical statements?

Open the url in browser: https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm Click Sections button on the left upper side,it shows that there are 8 ...
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Why does Apple set the strange period for fiscal year?

Tesla's fiscal year is the same as a calendar year, going from Jan 1 in the current year till Dec 31 next year. According to https://www.nasdaq.com/market-activity/stocks/tsla/financials ANNUAL ...
showkey's user avatar
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4 votes
1 answer
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How should we call a company's fiscal year?

A fiscal year is any 12-month period that the company uses for accounting purposes. If a company's fiscal year is the same as the calendar year, it is simple determine its fiscal year. A financial ...
showkey's user avatar
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Must all US public companies have an investor relations website?

Are all US public companies required to maintain a website where they publish press releases and financial statements? If so, do such requirements only apply to exchange-listed companies, or are OTC ...
Flux's user avatar
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How to understand the source of debt and borrowing in the financial statement

Looking at a B/S which is Item 8. Financial Statements and Supplementary Data in the 10-K of 2020 CCL. The cash jumped from 518 to 9513 from year 2019 to 2020. It looks it came from the increasing of ...
mon's user avatar
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Are companies listed on the TSX Venture Exchange required to publish financial statements regularly?

The TSX Venture Exchange lists many small-cap and micro-cap companies. Are all these companies required by law to regularly make their financial statements available to the public? If so, do all these ...
Flux's user avatar
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0 votes
2 answers
3k views

Is deal value equal to the enterprise value?

If a buyers pays $1.55 per share to get 6,480,000 shares of the target company such that the total outstanding shares of the target is 12,180,265. So deal value is $1.55 x 6,480,000 = $10.044M, but is ...
ROHAN PAUL's user avatar
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Are companies listed on Euronext Growth and Euronext Access required to publish financial statements?

Companies listed on the Euronext stock exchanges are classified into "Euronext", "Euronext Growth" (formerly known as Alternext), and "Euronext Access" (formerly known as ...
Flux's user avatar
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-1 votes
2 answers
89 views

How important is it to read the sections of an annual report that are not part of the financial statements?

Annual reports of companies seem to always include multiple sections before the financial statements. For example, "financial highlights", "chairman's letter", "CEO's report&...
Flux's user avatar
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0 votes
2 answers
61 views

Is the fundamental data provided by financial websites generally comparable across companies?

On financial websites such as Yahoo Finance, is the fundamental data generally comparable across companies? For example, is it reasonable to compare the net profit of PepsiCo, Inc. to the net profit ...
Flux's user avatar
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1 vote
1 answer
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EPS of TopBuild Corp. (BLD) was 2.02 in last earnings call, how?

I'm fairly new to the world of finance and I'm learning how to analyze financial statements of publicly traded companies. I came across the latest quarterly report (Q1 2021) of TopBuild Corp. (BLD), ...
Marco Ferreri's user avatar
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1 answer
177 views

Is Nike paying income taxes as news media reports? [closed]

There have been articles written, Nike paid no Federal Income tax in 2020. However, looking at its Annual Report below, I see income taxes. So how are these news articles saying this? No Federal ...
mattsmith5's user avatar
2 votes
1 answer
234 views

Why does eBay's 2018 Form 10-K filing show a different net revenue for 2018 than in its 2020 filing?

eBay's 2018 10-K filing declares a net revenue for 2018 of $10.746 billion. eBay's 2020 10-K filing declares a net revenue for 2018 of $8.650 billion. Why is there a discrepancy?
user108917's user avatar
2 votes
2 answers
201 views

Can long-term assets ruin the balance in the balance-sheet?

I'm coming from non-accounting and non-finance backgrounds. I need help in form of understanding through a question. I want to ask about something related to the balance of a balance-sheet. ...
Plain_Dude_Sleeping_Alone's user avatar
7 votes
2 answers
4k views

Revealing personal information on a bank statement

I am an international doctoral student at a US university. My school asks me for a proof of funds to cover the expenses of my spouse. I therefore requested a bank statement. However, my statement ...
Astroguy13's user avatar
1 vote
1 answer
223 views

Why can't ROE Return on Equity of companies we invest in be 100% or 200% but usually less than 40%?

This question is about to analyze the financials of a company we invest in: Shareholder's Equity is defined as (Asset - Liability). Let's say if the company is started with $100 million, and it earns ...
nonopolarity's user avatar
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6 votes
3 answers
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What are the implications for GameStop as a company in the aftermath of the current share price surge?

The way that the current short-squeeze of GameStop stock works has been well covered elsewhere and the position of the two investment sides has also been quite clearly documented, but what impact is ...
David258's user avatar
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1 vote
2 answers
130 views

Cash basis vs accrual basis accounting

I'm very new in accounting and currently reading about the financial statement facing a point that got me stuck. Why is it necessary to construct financial statement on accrual basis rather then cash ...
St.Antario's user avatar
1 vote
0 answers
35 views

Do end of year statements take longer to generate than mid-year statements?

I logged into several of my retirement accounts to download all of their most recent quarterly statements and found a few did not have their statements rendered yet for download. Is there some ...
jxramos's user avatar
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3 answers
716 views

missing gross profit in financial report

I notice that some financial reports miss gross profit or cost of revenue. This often happens in Software companies. Does this mean the cost of revenue is zero? I attached a financial report for ...
Jerry Zhang's user avatar
0 votes
1 answer
369 views

Research and Development Costs Not Shown on SEC Income Statements

I'm new to analyzing company financial statements (specifically, Income Statements). I noticed that some companies do not have Research and Development costs reported on their Income Statements, and I'...
Sam Moran's user avatar
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1 answer
124 views

Income Statement Question -- Confusing Operating Expense Calculation?

I'm completely new to looking at company financial statements for analysis, so please correct any misconceptions I have here. I'm having trouble with reading an Income Statement. I am looking at the ...
Sam Moran's user avatar
-1 votes
2 answers
167 views

reconcile yearly credit card statements

Background: My clients get credit card statements every year. He wants me to find out that whether the Bank is going fair calculation or not. Question: Is there any quick and accurate way to do the ...
paul's user avatar
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How to convert foreign financial statements to USD?

I have a company I am researching and want to do DCF analysis on, however this is a Canadian company and the financial statements are in CAD. I tried looking all over the internet for those financial ...
max d's user avatar
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1 answer
416 views

Cash flow Analogy

I want to understand and/or get a more intuitive feeling of different financial terms from financial statement by comparing it to persons salary. I have tried to come up with an analogy, as to how I ...
Raj Mehta's user avatar
11 votes
1 answer
3k views

How is it possible for a company that has never made money to have positive equity?

Consider the technology company Snap Inc (NYSE: SNAP). When you look at its balance sheet we see that Ret. Earn.(Accum. Deficit) is (7,778) Million. Yet it has a positive shareholder equity value. ...
AlanSTACK's user avatar
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0 votes
2 answers
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When buying an insurance policy, is it necessary to analyze the credit risk of the insurance company?

When saving money in a bank, one does not have to worry about credit risks of the bank because there is deposit insurance. When buying insurance, do I have to worry about the credit risk of the ...
Flux's user avatar
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Inventory Turn Ratio

I was reading the book Financial Statements by Thomas R. Ittelson. I had a basic doubt on the calculation of Inventory Turn which is the ratio of COGS (from the Income statement) and inventory (from ...
Anushi Maheshwari's user avatar
1 vote
1 answer
159 views

Which is the day the quarterly reports are released to the public - filling date or accepted date? [closed]

I'm looking at an API of financial reports, and I am noticing a "fillingDate" and an "acceptedDate". "date" : "2019-09-28", "symbol" : "AAPL"...
Frank's user avatar
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1 vote
1 answer
473 views

Calculating Dividends paid out and Div ratio from finance sheets

So I was trying to calculate the dividends a company paid out from the balance / income sheet and the retained earnings (the delta between this and last period). I thought the dividends paid could be ...
Charco's user avatar
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1 answer
252 views

Why is the 'Cash/Equivalents, Start of Period/End of Period' not the same?

On Walmart's cash flow statement here: The 'Cash, Equivalents, Start of Period' for 2018 is the same as the 'Cash, Equivalents, End of Period' for 2017 (6,867.0). (Please be aware, years are going ...
timhc22's user avatar
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1 vote
2 answers
174 views

Are shareholders and tax collectors shown the same financial statements?

Companies publish annual financial statements directed at shareholders. Are these financial statements the same as those given to the tax collector? Do companies report the same profits to their ...
Flux's user avatar
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0 votes
1 answer
276 views

How to compare revenue of companies with different reporting dates? To account for different economic situation?

Let's say there are two companies that have different reporting months for annual reports. Company "C12" report on 12 month and "C8" on 8 month. Now consider the timeline of possible events: 2000-1,...
Alex Craft's user avatar
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1 answer
78 views

What are the non current assets in a balance sheet?

In order to know if companies are conservatively financed I query an API that gives me the financial information. Yet when if the information it gives for the current assets, I can't understand what ...
Revolucion for Monica's user avatar