1 Co. Formulas & Rpts Flashcards
Net P&L
Gross Profit
Operating Income
Earnings Beofre Taxes
Sales
- Materials= Gross Profit
- Admin Exp/ Sal/ Rent = Operating Income
- Int Exp = Earnings Before Taxes
- Taxes
Net P&L
Balance Sheet
Co. has assets to expand &
weather economic storms
Current Ratio Formula
“current” - turn to cash in 12 mo.
(cash/ AR/ Inventory)
Current Assets
= —————————
Current Liabilities
Quick Ratio Formula
Cash + AR
= ————————-
Current AP
Quick Ratio
- Better (high/low)
- If Quick & Current are close…
- higher
- co. can pay short-term debt
Debt to Equity Ratio formula
Total Liabilities
= ——————————————
Total Owners Equity
($ owners put in)
Working Capital
= current assets - current liabilities
Stockholder Equity
= Total Assets - Total Liabilities
Prospectus
filed prior to new security
(stock or bond offered to public)
Annual Report
to who?
includes what?
to shareholders
inc future opps
and letter from auditor
Form 10k
what is it?
filed when?
available where?
comprehensive version of ann rpt
filed 60-90 days after co. fiscal yr
avail online in EDGAR (SEC DB)
Form 10Q
what is it?
filed when?
audited (y/n?)
Quarterly 10K
40 - 45 days after Q1 - Q3 (Q4 is 10k)
not audited
Form 8k
what & when
material events w/in 4 bus days
(merger, mgmt change etc)
Schedule 13 D
Ownership > 5% obtained
Form I44
Mgr sells his co stock
