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April 2019 Insider

We have financial data and corporate disclosures blooming like daffodils this month. Read below for some especially colorful examples, and learn more about how Calcbench can help your financial analysis. 

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The Calcbench Team

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Calcbench Cool Insights

Our newest masterclass video is here. Jason Voss, an award-winning speaker, author, and investment manager, reviews advanced topics in financial analysis; and we show you how Calcbench can put those lessons to work. View our three steps to better analysis. 

Where the spending goes. We collected data from more than 2,600 firms on spending in capex, share buybacks, pension contributions, and R&D, to see how spending changed from 2017 to 2018. See what we found.

Adventures in taxes and net income. One theory these days is that corporate tax cuts boosted net income last year, so the market may not see as much net income growth this year. We examined IBM's tax disclosures to see how true that theory may be. Find out what we discovered.

Taxes, Part II: trends in payments. Discover how corporate tax payments, and provisions for corporate tax payments, have fluctuated since 2015 — and what that might portend for 2019.

Big movers in goodwill, intangible assets. Goodwill and intangible assets are rising as a portion of companies’ total assets. By how much, exactly? See our list of nine firms where goodwill and intangibles are ballooning on the balance sheet.

Geeking Out on the Filings

CVS, goodwill, and enterprise value. Speaking of goodwill and enterprise value: we took a deep dive into the balance sheet of CVS Health, to see how goodwill and intangibles inflation is working at one specific firm. It’s a lot.

Tech Data's goodwill impairment. We have talked before about how to track goodwill in acquisitions and possible impairments. A small but telling example from Tech Data Corp.’s recent filing shows why this issue is worth following. See what Tech Data said.

Health insurers: a bit winded? 2018 annual reports from seven large health insurers are now filed. Year-over-year numbers might seem impressive, but when you look across multiple years, a different picture emerges.

Pro Tip: Everything you need to know about using our Excel Add-in. Read it, add it, analyze.


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