Browsing Financial Analysis Lab Reports by Title
Now showing items 1-20 of 72
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Accounting Deja Vu: Have We Seen These Earnings Before?
(Georgia Institute of Technology, 2003-04)A study released by the GAO in October 2002, Financial Statements Restatements: Trends, Market Impact, Regulatory Responses and Remaining Challenges, reported that the number of restatements increased 145% from 1997 to ... -
Adjusted Free Cash Flow and Capital Expenditures of the S&P 100: What Is the Source of Growth in Adjusted Free Cash Flow?
(Georgia Institute of Technology, 2005-03)Noteworthy growth in free cash flow has been well reported over the past few years as company management, financial analysts, and investors increasingly focus on cash flow to validate reported earnings. Unfortunately, the ... -
Adjusted Free Cash Flow and the Dividend Payout of the S&P 100
(Georgia Institute of Technology, 2003-12)Free Cash Dividend Payout, calculated by dividing common dividends by adjusted free cash flow, provides useful insight into the relationship between cash flow and dividends and a company’s ability to pay them in the future. ... -
Calculating Sustainable Cash Flow: A Study of the S&P 100 Using 2002 Data
(Georgia Institute of Technology, 2003-10)Operating cash flow in 2000, 2001, and 2002 for the S&P 100 was adjusted to remove items that may provide misleading signals of operating performance. Nine adjustments were made, separated into three categories - (1) where ... -
Calculating Sustainable Cash Flow: A Study of the S&P 100 Using 2003 Data
(Georgia Institute of Technology, 2004-10-26)Operating cash flow in 2000, 2001, 2002 and 2003 for the S&P 100 was adjusted to remove items that may provide misleading signals of operating performance. Ten adjustments were made, separated into three categories - (1) ... -
Capital Intensive Firms and the Risk of Increased Tax Payments in a Recession
(Georgia Institute of Technology, 2009-02) -
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 ... -
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 ... -
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 ... -
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 ... -
The Cash Flow Growth(tm) and the Retail Industry: Signs of a Slowing?
(Georgia Institute of Technology, 2008-02)A slowing U.S. economy is impacting retail sales and hurting the retailers. The purpose of this study is to examine the extent to which problems seen at the macro level are hurting the retailers as a group and within four ... -
Cash Flow Reporting by Financial Companies: A Look at the Commercial Banks
(Georgia Institute of Technology, 2009-07)In this research report we survey the cash flow reporting practices for a sample of fifteen of the largest, independent and publicly-traded U.S. commercial banks. In the process, we find many reasons why cash flows are ... -
Cash Flow Reporting in the Presence of Overdrafts
(Georgia Institute of Technology, 2003-01)Numerous companies maintain cash overdraft balances. These seemingly innocuous accounts can have material effects on reported amounts of cash and operating cash flow. In this report we survey reporting practices for ... -
Cash Flow Reporting Practices for Interest Paid on Zero Coupon Bonds
(Georgia Institute of Technology, 2005-03)Debt financing, such as bonds and notes payable, comes with an interest cost that is incurred by the borrower and paid to the lender providing compensation for the use of funds. When zero coupon bonds are issued, interest ... -
Cash Flow Trends and Their Fundamental Drivers: A Continuing Look Comprehensive Industry Review (Qtr 3, 2008)
(Georgia Institute of Technology, 2009-04)This research report is one of a series that looks at the cash flow performance of Corporate America. Our primary focus is on free cash margin, or free cash flow measured as a percent of revenue. We also look at the drivers ... -
Cash Flow Trends and Their Fundamental Drivers: A Continuing Look Comprehensive Industry Review (Qtr 4, 2008)
(Georgia Institute of Technology, 2009-05)This research report is one of a series that looks at the cash flow performance of Corporate America. Our primary focus is on free cash margin, or free cash flow measured as a percent of revenue. We also look at the drivers ... -
Cash Flow Trends and Their Fundamental Drivers: A Continuing Look Summary Review (Qtr 1, 2009)
(Georgia Institute of Technology, 2009-06)In this research report we provide a “flash” measure of free cash margin for all non-financial companies measured through March, 2009. We found that for the twelve months ended March, 2009, free cash margin improved to ... -
Cash Flow Trends and Their Fundamental Drivers: A Continuing Look Summary Review (Qtr 2, 2009)
(Georgia Institute of Technology, 2009-09) -
Cash Flow Trends and Their Fundamental Drivers: A Continuing Look Summary Review (Qtr 3, 2010)
(Georgia Institute of Technology, 2011-01) -
Cash Flow Trends and Their Fundamental Drivers: A Continuing Look The S&P 500 Non-financials (Qtr 3, 2008)
(Georgia Institute of Technology, 2009-03)This research report is one of a series that looks at the cash flow performance of Corporate America. Our primary focus is on free cash margin, or free cash flow measured as a percent of revenue. In the current study we ...