August 2020 Insider

Digging Into the Data

Delta’s bad luck on investments. Sure, business is slow for airlines. Delta Airlines, however, has a second problem: more than $2 billion in impairments related to its investments in other airlines. 

Egg prices cracked, and Cal-Maine got fried. Egg prices gyrated wildly over the last 12 months, thanks to a glut of egg production last fall and soaring demand this spring. That left Cal-Maine Food, a huge producer of eggs, telling quite the tale in its financial statements.

On the rise: loan loss provisions. Wondering what the big banks are setting aside for loan loss provisions? For Calcbench subscribers only, we offer a spreadsheet that will capture the data for you automatically. 

Rolling up on toilet paper sales. One coronavirus fear earlier this spring was a shortage of toilet paper. Now TP manufacturers such as Kimberly-Clark and Procter & Gamble are reporting Q2 earnings. We looked at the segment reporting and can say with confidence: they're cleaning up. 

Putting Calcbench to Use

Tracing weaknesses in financial reporting. Agribusiness giant CHS Inc. recently disclosed a material weakness in its financial reporting controls. We used our Interactive Disclosure tool to trace the origins of that problem, and it took us on quite a trip. 

Looking at Q2 coronavirus disclosures. Second-quarter 2020 is the first financial reporting period to happen fully in the age of coronavirus. We have a complete run-down of all the ways Calcbench can help you find a firm's covid-related disclosures and compare those to prior periods or what the firm's peers are saying.