August 2019 Insider

In the News

Why yes, that was Calcbench data in a recent Wall Street Journal article about corporate tax rates after tax reform. After all, we've been following effective tax rates for years now. 

Calcbench Cool Insights

Special report: Adopting the new lease accounting standard. The new standard for reporting leasing costs went into effect at the start of 2019. We examined the S&P 500 to see how that standard has changed the balance sheet, and which firms have the greatest gaps between leasing expenses and the value of leased assets. 

Using Calcbench to measure China exposure. You may have seen the announcement of new tariffs on Chinese-made goods starting September 1, 2019. How can Calcbench help you find the companies that will feel the most squeeze from that policy? See what our databases have to say. 

Geeking Out on the Filings

Lease accounting up close: Chipotle Mexican Grill. Few firms felt as much effect from the new leasing standard as Chipotle Mexican Grill $CMG, which saw its return on assets fall and its debt-to-equity ratio spike. See our analysis of the numbers. 

And more lease accounting: the Comcast example. Companies still have some discretion about exactly how they report leasing assets and liabilities. So we examined Comcast Corp $CMCSA to see how that company did disclose its costs, although not as clearly as one might expect. 

Downshifting in the trucking world. Knight-Swift Transportation $KNX reported earnings not long ago, with a warning growth might falter in second-half 2019. How can you take one example of a warning and quickly determine whether peers are raising the same caution flags? Let's walk through the steps. 

Seeking Feedback
 

Our focus on goodwill, intangible assets, and business combinations continues. The timing of the FASB's opening of its 90-day invitation to comment on goodwill aligns with a coming initiative Calcbench will launch in partnership with VRC. To better inform discussions with the FASB on the topic, VRC is seeking input about experiences with accounting for certain intangible assets in a business combination. We want your input. Click to launch this quick survey. 

Advanced Calcbench

So you're an equity analyst who wants to move beyond Excel and do analysis in Python with Calcbench? Easy! See our new Python API client.