Browsing Financial Analysis Lab Reports by Issue Date
Now showing items 21-40 of 72
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Customer-Related Notes Receivable and Reclassified Cash Flow Provided by Operating Activities
(Georgia Institute of Technology, 2005-04)In February, 2005, the Securities and Exchange Commission directed the Chief Financial Officers of various companies to begin reporting customer-related notes receivable, including sales-type lease receivables, as operating ... -
Cash-Flow Reporting Practices for Insurance Proceeds Related to PP&E
(Georgia Institute of Technology, 2005-06)According to SFAS No. 95, Statement of Cash Flows, insurance settlement proceeds received that are directly related to investing activities such as the destruction of a building or damage sustained by equipment are to be ... -
The Classification of Cash Flows from Collections of Retained Interests Related to Securitizations of Customer-Related Receivables
(Georgia Institute of Technology, 2005-11)When receivables are securitized, the sponsoring company typically continues to hold an interest, referred to as a retained interest, in the underlying pool of receivables. Retained interests may be considered to be ... -
Cash Flow Trends and Their Fundamental Drivers: A Value-Weighted Index of the S&P 500 Non-Financials
(Georgia Institute of Technology, 2006-02)With this report, we introduce a series of cash flow indices for the non-financials of the S&P 500. Each index, consisting of cash flow measures and their fundamental drivers, are calculated as a value-weighted average. ... -
The Classification of Cash Flows Related to Taxes Paid on Non-Operating Items
(Georgia Institute of Technology, 2006-02)The ability of a company to generate sustainable operating cash flow and free cash flow is an important indicator of the company's financial health. Current treatment of income taxes paid calls for their inclusion in ... -
Capitalization of Software Development Costs: A Survey of Accounting Practices in the Software Industry
(Georgia Institute of Technology, 2006-05)Software companies are required by SFAS No. 86 to capitalize certain development costs of software to be sold, leased or otherwise marketed. Capitalization occurs once technological feasibility has been reached and costs ... -
Cash Flow Trends and Their Fundamental Drivers: A Value-Weighted Index of the S&P 500 Non-Financials
(Georgia Institute of Technology, 2006-05)With this report, we introduce a series of cash flow indices for the non-financials of the S&P 500. Each index, consisting of cash flow measures and their fundamental drivers, are calculated as a value-weighted average. ... -
The Impact of Securitizations of Customer-Related Receivables on Cash Flow and Leverage: Implications for Financial Analysis
(Georgia Institute of Technology, 2006-06)Understanding the extent to which transactions create recurring cash flow is vital to investment and credit analysis. Two measures of recurring cash— operating cash flow and its closely-related metric, free cash-flow— are ... -
Cash Flow Trends and Their Fundamental Drivers: A Study of Technology Firms
(Georgia Institute of Technology, 2006-07)In this report, we focus on the financial performance of the average technology firm. The average technology firm is defined using the relative market capitalization of each firm in five general technology groups: Computer ... -
The Cash Flow Classification of Distributions Received from Unconsolidated Entities
(Georgia Institute of Technology, 2006-09)In this research report we examine the cash flow classification of distributions received from equity-accounted investments and find some problematic classifications. Distributions exceeded by investee earnings are considered ... -
Cash Flow Trends and their Fundamental Drivers: A Study of the S&P 500 Non-Financials
(Georgia Institute of Technology, 2006-12)This report examines cash flow trends for the S&P 500 non-financials and the drivers behind those trends. Included are data on selected cash flow measures and their drivers, insights to the cash cycle and recent earnings ... -
Net Income Plus Depreciation, Operating Cash Flow and Buildups in Operating Working Capital
(Georgia Institute of Technology, 2007-01)While there are many advantages to a simple and readily available proxy for operating cash flow, there are inherent shortcomings as well. Such is the case with net income plus depreciation & amortization, a metric sometimes ... -
Financial Statement Comparability in a Principles-Based Reporting Environment: A Look at the Statement of Cash Flows
(Georgia Institute of Technology, 2007-05)In this research report we look at how U.S. companies might prepare financial statements in a principles-based accounting environment and how comparability of financial statements may be affected. We identify the statement ... -
The Effects of Lease Capitalization on Various Financial Measures: An Analysis of the Retail Industry
(Georgia Institute of Technology, 2007-06)The FASB, in conjunction with the International Accounting Standards Board, is currently in the planning stages of a project that would revise SFAS 13, Accounting for Leases. What is proposed is that leases that are presently ... -
The Cash Flow Growth Profile (TM): A Survey of Several Technology Industries
(Georgia Institute of Technology, 2007-07)The Cash Flow Growth ProfileTM measures the capacity of a firm to generate cash flow as it grows revenue. The metric is forward looking and reports the amount of incremental cash flow that can be expected for any measured ... -
Seeking Guidance for the Dow? Try GDP
(Georgia Institute of Technology, 2007-08)With recent market volatility, investors are understandably concerned about where blue-chip stocks are headed next. An interesting long-term perspective on the subject can be gained by examining the extent to which Nominal ... -
The Cash Flow Classification of Payments and Receipts Associated with the Termination of Interest Rate Swaps
(Georgia Institute of Technology, 2007-08)In this research report we discuss (1) why firms swap interest payments, (2) the essentials of swap accounting, (3) the reasons for swap terminations, (4) swap-termination accounting, and (5) the classification of cash ... -
Negative Goodwill: Issues of Financial Reporting and Analysis Under Current and Proposed Guidelines
(Georgia Institute of Technology, 2007-10)Under current GAAP, initial bargain-purchase amounts, also known as negative goodwill (NGW) or the excess of the fair value of acquired net assets over the cost of an acquisition, are typically reduced or eliminated ... -
Lease Capitalization, Financial Agreements and EBITDA
(Georgia Institute of Technology, 2007-11)EBITDA, earnings before interest, taxes, depreciation and amortization, is used by many firms as a measure of performance in financial covenants and incentive compensation agreements. In 2009, when the FASB, in conjunction ... -
The Effects of Enacted and Proposed Pension Accounting Changes
(Georgia Institute of Technology, 2008-01)SFAS No. 158, released in September 2006, eliminates delayed recognition of pension plan and other post employment benefits (OPEB) components. For most companies, the changes caused by the adoption of SFAS No. 158 resulted ...