Search terms for 10-K when spreading comps
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
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