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
1 Comments
 

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