Hey all, I'm one of those MBA summers that everyone hates.
As I'm getting up to speed with spreading comps, I've started to compile a list of word-search terms to use when going through a 10-K/Q to quickly make sure you've identified any specifics in the company as you build up to Enterprise Value and adjust EBITDA.
I've listed out what I have so far below, but I would love to hear from those more experienced if you have additional terms or methods for making sure you don't miss anything.
Diluted Share Calculation/TSM
- Restricted
- RSUs
- Options
- Stock Options
- Convertible
- Preferred
- Performance
Enterprise Value Calculation
- Cash
- Securities
- Level 1,2,3
- Core (debt)
- Pension
- underfunded
- Investments
- joint venture
- Lease
- Operating
- Minority
- non-controlling
EBITDA/EBIT Adjustments
- Non-recurring
- Restructuring
- Litigation
- One-off
- Charge
- Write-down
- Sale
- Acquisition
- Settlement
Et vel asperiores alias sed ut minima. Inventore nihil itaque esse nihil vero tenetur fugit rerum. Sit vero corrupti vel sed dicta facilis. Est alias quisquam eum nihil. Et ex velit nihil labore molestias eius. Molestiae asperiores magnam praesentium quibusdam deleniti ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...