Questions tagged [financial-statements]
The financial-statements tag has no usage guidance.
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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 ...
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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
...
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108
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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 ...
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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.
...
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108
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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
...
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878
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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 ...
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183
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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&...
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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 ...
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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), ...
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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 ...
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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?
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143
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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. ...
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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 ...
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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 ...
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3
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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 ...
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111
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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 ...
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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 ...
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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 ...
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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'...
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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 ...
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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 ...
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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 ...
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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 ...
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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. ...
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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 ...
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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 ...
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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"...
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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 ...
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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 ...
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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 ...
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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,...
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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 ...
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Someone wants to give me lots of money [duplicate]
This is a real story.
About 6 months ago, someone asked me to help her to solve her financial problem.
I didn't know about her at all.
At that time, I replied as ... Sorry, I want to help you but I ...
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1
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What's the meaning of "The agent quotes the bid price ..."?
I'm studying an article about High-frequency trading. I'm very new at financial market so maybe my question is very simple.
In the article writers said "The agent quotes the bid price...". What's ...
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Profit and loss statement without any sales [closed]
What would I put for the "cost of sales" in a profit and loss statement if I don't have any sales? I have purchased a lot of inventory, but as of now, I don't have any sales. Do I put 0 or a ...
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Does the term "intrinsic value of a company" include prediction of future earnings?
According to the website,
https://www.investopedia.com/ask/answers/05/bookvintrinsic.asp
the intrinsic value is defined as "measure of value based on the future earnings a company is expected to ...
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Could anyone explain these kinds of transactions on paypal?
From the following transaction history, we could see that Despiau Bruno (Probably fake name) added 229.22 USD to my paypal account. Then he, without my knowledge, use it to buy 225x Kaspersky Internet ...
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ARAMCO's financial statements [closed]
Can anybody explain me how come that ARAMCOS financial reports are available to the public while its not publicly traded company.
Thank you!
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What are all the possible filing types a public company can submit to sec.gov
Example using Apples most recent 10-Q filing https://www.sec.gov/cgi-bin/viewer?action=view&cik=320193&accession_number=0000320193-19-000076&xbrl_type=v.
Where can I find a list / ...
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