Morningstar Data Copyright
Fundamental Data Provided by Morningstar, Inc.
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General Information
Short Company Name
The name of the company as given on the latest annual report. Maximum of 30 characters.
Fiscal Year End
Year and month of the fiscal year end. Format is yyyy/mm.
Ticker
The company’s ticker symbol on the primary exchange where the security is traded.
Stock Exchange
The primary U.S. exchange that the security trades on. Reported as an abbreviation.
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Abbreviation |
Exchange |
SIC
The company’s primary Standard Industrial Classification System (SIC) code.
NAICS
The company’s primary North American Industry Classification System (NAICS) code.
Total number of employees working for the company.
State
The state or province where the company’s headquarters are located. Reported as a two letter postal code.
Census Region
The region where the company’s headquarters are located, as defined by the United States Census Bureau. See Definitions of Geographic Areas.
Census Division
The division where the company’s headquarters are located, as defined by the United States Census Bureau. See Definitions of Geographic Areas.
Other Area
Other geographic area, in addition to the United States Census Bureau’s regions and divisions, where the company’s headquarters are located. See Definitions of Geographic Areas.
Long Company Name
The name of the company as given on the latest annual report. Maximum of 100 characters.
Business Summary
Brief summary of the company’s business. Maximum of 50 characters.
Business Description
Description of the company’s business. Maximum of 256 characters.
Balance Sheet
Cash on hand. Typical accounts include:
Cash
Bullion (except for gold and silver making companies)
Amounts owed to the company, net of any provision for bad debts. Typical accounts include:
Accounts receivable
Notes receivable
Trade receivables
Accrued receivables
Unbilled costs and estimated earnings on contracts in progress
Amount due from unconsolidated subsidiaries
Money due from sales of debentures
Unbilled shipments
Amounts due from officers and employees (when listed as a current asset)
Commercial paper listed by subsidiaries to parent company
Store property covered by investors commitments to purchase
Merchandise bought for resale, or supplies and raw materials purchased for use in revenue producing operations.
Other Current Assets
Plug value calculated using the following formula:
= Total Current Assets - Cash & Equivalents - Receivables - Inventories
Total assets convertible into cash within a relatively short period of time, usually one year.
Gross Fixed Assets
Original purchase price of the fixed assets.
Accumulated Depreciation & Depletion
Accumulated Depreciation is the accumulated amount of wear and tear or obsolescence charged against the fixed assets of a company. Accumulated Depletion is a reserve set up to compensate for the reduction in value of a natural resource as it is exhausted or depleted.
Assets that are of a relatively permanent nature and are not intended for resale, such as property, plant and equipment. Stated as cost minus accumulated depreciation and amortization.
Assets that are neither physical nor financial in nature but have value to the company, net of accumulated amortization. Typical accounts include:
Goodwill
Patents
Trademarks
Copyrights
Licenses
Franchises
Excess of cost over net tangible assets required
Intangible assets
Other Non-Current Assets
Plug value calculated using the following formula:
= Total Non-Current Assets - Net Fixed Assets - Intangibles
Total amount of long-term assets, including Net Fixed Assets, Intangibles, and any other non-current assets.
Total amount of current and non-current assets.
Amounts owed to suppliers for goods or services purchased on credit that must be paid within 12 months. Typical accounts include:
Accounts payable
Trade notes payable
Borrowings, both principal and interest, that must be paid in the near future (usually one year). Typical accounts include:
Current portion of long-term debt
Port of long-term debt payable within one year
Current bank notes payable
Current notes payable (non-trade)
Short-term debt
Current commercial paper owed
Interim debt
Other Current Liabilities
Plug value calculated using the following formula:
= Total Current Liabilities - Accounts Payable - Short-Term Debt
Total liabilities that must be repaid with a relatively short period of time, usually one year.
Borrowings due more than one year after the date of the balance sheet. Typical accounts include:
Long-term debt
Long-term obligations
Non-current notes payable
Bonds, debentures, mortgages, etc.
Term obligations
Current maturities intended to be refinanced
Convertible subordinated debentures
Unsecured term notes
Mortgages payable
First mortgage bonds
Mortgage notes and contracts payable
Installment notes
Long term leases (an alternative to ownership and bond financing)
Other Non-Current Liabilities
Plug value calculated using the following formula:
= Total Non-Current Liabilities - Long-Term Debt
Total amount of long-term liabilities, including Long-Term Debt and any other non-current liabilities.
Total amount of current and non-current liabilities.
Shareholders equity attributed to preferred stock.
Shareholders equity attributed to common stock. Generally consists of the following items:
Common stock (all issues) at par value.
Capital surplus or additional paid-in capital.
Retained earnings or earned surplus (net of foreign exchange gains and losses).
Preferred Stock plus Common Stock.
Total Liabilities & Equity
Total Liabilities plus Total Equity.
Income Statement
Net sales and any other revenues from the main operations of the business, or those amounts labeled as operating revenues. Does not include dividends, interest income or nonoperating income and is reported after any adjustments. For financial institutions, Operating Revenue equals interest income plus non-interest income.
Total of all revenues as reported by the company. Amount is a subtotal and does not figure into the balancing of the income statement.
For most non-financial companies, especially those in the tobacco, liquor, and firearm industries, Adjustments to Revenue typically includes taxes, particularly excise taxes, which the company collects on behalf of the government. For financial institutions, Adjustments to Revenue includes all expenses other than interest expense and income taxes.
Expenses directly associated with the production of goods or services, such as material and overhead, excluding depreciation, depletion, amortization, and selling, general and administrative expenses. Typical accounts include:
Cost of goods sold
Materials and production expenses
Gas purchased
Fuel and power purchased
Exploration and well drilling expense
Mining expenses
Oil and gas property abandonments, includes dry holes if not specified
Other operating expenses for utilities and railroad maintenance
When the depreciation figures on the Income Statement and Cash Flow Statement differ, Cost of Goods Sold is adjusted as follows:
Cost of Goods Sold |
+ Depreciation from Income Statement |
- Depreciation from Cash Flow Statement |
= Adjusted Cost of Goods Sold |
Operating Profit Adjustment
Plug value calculated using the following formula:
= Operating Profit - Adjustments to Revenue - Cost of Goods Sold - Operating Profit
Operating Revenue less Adjustments to Revenue less Cost of Goods Sold less any other relevant expenses or adjustments not otherwise accounted for.
Costs of research aimed at discovering new facts, natural laws, or phenomena without regard to the immediate commercial application to which the results may be applied. Also includes costs of research toward more specific goals, such as product improvement or the improvement of production processes and techniques. Development costs are associated with turning research results into commercial applications. Typical accounts include:
Research & Development expense
Engineering & Development expense
In-process R&D
Selling, General & Administrative
All salaries, indirect production, marketing and general corporation expenses, including advertising. Typical accounts include:
All provisions for doubtful accounts/losses
Commissions
Contributions to pension plans
Corporate expenses
Delivery
Distribution
Dry holes (oil and gas companies), if specified
Employee benefits
Employee profit sharing
Marketing maintenance, except for utilities and railroads
Payroll
Rent
Selling, general, administrative
Storage and delivery
Advertising, including any line items beginning with “advertising”
EBITDA Adjustment
Plug value calculated using the following formula:
= Operating Profit - Research & Development - Selling, General & Administrative - EBITDA
Earnings Before Interest, Taxes, Depreciation & Amortization. Operating Profit less Research & Development less Selling, General & Administrative less any other relevant expenses or adjustments not otherwise accounted for.
Depreciation represents the reduction in the value of fixed assets due to wear, age, or obsolescence. Amortization applies to leased property, intangibles, and goodwill. Also includes depletion.
Please Note: The amount reported here is taken from the company’s Cash Flow Statement.
Operating Income Adjustment
Plug value calculated using the following formula:
= EBITDA - Depreciation & Amortization - Operating Income
EBITDA less Depreciation & Amortization less any other relevant expenses or adjustments not otherwise accounted for.
Income generated from interest-bearing deposits or accounts. Earnings from stock ownership in other companies; can be a loss or gain. Any income or expense which does not readily fit into any previously defined categories; a residual account into which miscellaneous non-operating revenues and expenses are netted. Typical accounts include:
Other income
Other expenses
Royalty income, except for royalty companies
Interest income
Dividend income
Gain or loss from joint venture
Idle plan expenses
Equity in earnings of unconsolidated subsidiaries
Foreign exchange adjustments
Allowance for funds used during construction
Miscellaneous income or expense
Liquidation, vacancy, and store closing costs
Allowance for borrowed funds used instead of netting out interest
Settlement of contracts
Gain or loss on sale of properties if such transactions are a normal part of doing business
Earnings or losses that are either infrequent or unusual.
EBIT Adjustment
Plug value calculated using the following formula:
= Operating Income + Other Income (Loss) + Special Income (Loss) - EBIT
Earnings Before Interest and Taxes. Income after depreciation, adjusted for interest income, other income, net of any special income or charges, but before subtracting interest expense and taxes.
Interest Expense
Fixed interest expenses net of capitalized interest. Also includes dividends on preferred stock of unconsolidated subsidiaries, if any.
Earnings Before Taxes. EBIT less interest expense, but before subtracting income taxes.
Taxes on income, net of any investment tax credits.
Other Operating Charges
Plug value calculated using the following formula:
= Pretax Income - Income Taxes - Net Income from Continuing Operations
Net Income from Continuing Operations
Income before preferred dividends, extraordinary gains and losses, income from cumulative effects of accounting change, non-recurring items, income from tax loss carryforward, and other gains and losses.
Net Income from Discontinued Operations
Income from operations sold or discontinued during the accounting period. Does not include extraordinary gains and losses.
Net Income from Total Operations
Income from total operations, continuing and discontinued, after taxes and minority interest and before extraordinary gains and losses.
Other Gains (Losses)
Plug value calculated using the following formula:
= Total Net Income - Net Income from Total Operations
Net Income from Total Operations plus all other income or charges (extraordinary, accounting changes, tax loss carryforward, and other gains and losses).
Cash Flow
Cash Flow
Net Income from Total Operations minus preferred dividends plus Depreciation & Amortization.
Cash from Continuing Operations
Cash from ongoing business operations.
Cash from Discontinued Operations
Cash from operations sold or discontinued.
Cash from all operations, continuing and discontinued.
Net cash from sales and investments in property, plant, and equipment.
Growth Rates
Operating Revenue - 1 Yr Growth
Growth in Operating Revenue over the last fiscal year.
Operating Revenue - 3 Yr Growth
Growth in Operating Revenue over the last three fiscal years.
Operating Revenue - 5 Yr Growth
Growth in Operating Revenue over the last five fiscal years.
Total Revenues - 1 Yr Growth
Growth in Total Revenues over the last fiscal year.
Total Revenues - 3 Yr Growth
Growth in Total Revenues over the last three fiscal years.
Total Revenues - 5 Yr Growth
Growth in Total Revenues over the last five fiscal years.
Operating Profit - 1 Yr Growth
Growth in Operating Profit over the last fiscal year.
Operating Profit - 3 Yr Growth
Growth in Operating Profit over the last three fiscal years.
Operating Profit - 5 Yr Growth
Growth in Operating Profit over the last five fiscal years.
EBITDA - 1 Yr Growth
Growth in EBITDA over the last fiscal year.
EBITDA - 3 Yr Growth
Growth in EBITDA over the last three fiscal years.
EBITDA - 5 Yr Growth
Growth in EBITDA over the last five fiscal years.
EBIT - 1 Yr Growth
Growth in EBIT over the last fiscal year.
EBIT - 3 Yr Growth
Growth in EBIT over the last three fiscal years.
EBIT - 5 Yr Growth
Growth in EBIT over the last five fiscal years.
Operating Income - 1 Yr Growth
Growth in Operating Income over the last fiscal year.
Operating Income - 3 Yr Growth
Growth in Operating Income over the last three fiscal years.
Operating Income - 5 Yr Growth
Growth in Operating Income over the last five fiscal years.
Total Net Income - 1 Yr Growth
Growth in Total Net Income over the last fiscal year.
Total Net Income - 3 Yr Growth
Growth in Total Net Income over the last three fiscal years.
Total Net Income - 5 Yr Growth
Growth in Total Net Income over the last five fiscal years.
Cash from Continuing Operations - 1 Yr Growth
Growth in Cash from Continuing Operations over the last fiscal year.
Cash from Continuing Operations - 3 Yr Growth
Growth in Cash from Continuing Operations over the last three fiscal years.
Cash from Continuing Operations - 5 Yr Growth
Growth in Cash from Continuing Operations over the last five fiscal years.
Cash from Operations - 1 Yr Growth
Growth in Cash from Operations over the last fiscal year.
Cash from Operations - 3 Yr Growth
Growth in Cash from Operations over the last three fiscal years.
Cash from Operations - 5 Yr Growth
Growth in Cash from Operations over the last five fiscal years.
Capital Investment - 1 Yr Growth
Growth in Capital Investment over the last fiscal year.
Capital Investment - 3 Yr Growth
Growth in Capital Investment over the last three fiscal years.
Capital Investment - 5 Yr Growth
Growth in Capital Investment over the last five fiscal years.
Profitability
Earnings from total operations, excluding extraordinary items, divided by common stock equity, expressed as a percentage:
= (Net Income from Total Operations / Common Stock) x 100
ROE - 5 Yr Avg
Average Return on Equity over the last five years.
Earnings from total operations, excluding extraordinary items, divided by total assets, expressed as a percentage:
= (Net Income from Total Operations / Total Assets) x 100
ROA - 5 Yr Avg
Average Return on Assets over the last five years.
Revenue divided by average total assets over the last two years:
= Operating Revenue / ((Previous Year Total Assets + Current Year Total Assets) / 2)
Asset Turnover - 5 Yr Avg
Average Asset Turnover over the last five years.
Cost of goods sold divided by average inventories over the last two years:
= Cost of Goods Sold / ((Previous Year Inventories + Current Year Inventories) / 2)
Inventory Turnover - 5 Yr Avg
Average Inventory Turnover over the last five years.
Operating revenue divided by full-time employees:
= Operating Revenue / Number of Employees
Sales Per Employee - 5 Yr Avg
Average Sales Per Employee over the last five years.
Operating revenue minus cost of goods sold, divided by operating revenue, expressed as a percentage:
= ((Operating Revenue - Cost of Goods Sold) / Operating Revenue) x 100
Gross Profit Margin - 5 Yr Avg
Average Gross Profit Margin over the last five years.
Pretax income divided by operating revenue, expressed as a percentage:
= (Pretax Income / Operating Revenue) x 100
Pre-Tax Profit Margin - 5 Yr Avg
Average Pre-Tax Profit Margin over the last five years.
Income from operations divided by operating revenue, expressed as a percentage.
= (Net Income from Total Operations / Operating Revenue) x 100
Net Profit Margin - 5 Yr Avg
Average Net Profit Margin over the last five years.
Valuation Ratios
Fiscal year closing price divided by earnings per share from total operations (not including extraordinary items).
Price / Earnings - 5 Yr Avg
Average Price / Earnings over the last five years.
Growth in Price / Earnings from the previous year to the current year:
= (Current Year PE - Previous Year PE) / Previous Year PE
P / E Growth - 5 Yr Avg
Average P / E Growth over the last five years.
Closing share price on the last trading day of the fiscal year divided by revenue per share.
Price / Revenue - 5 Yr Avg
Average Price / Revenue over the last five years.
Closing share price on the last trading day of the fiscal year divided by cash flow per share.
Price / Cash Flow - 5 Yr Avg
Average Price / Cash Flow over the last five years.
Closing share price on the last trading day of the fiscal year divided by the book value per share.
Price / Equity - 5 Yr Avg
Average Price / Equity over the last five years.
Short-term debt plus long-term debt divided by common equity.
Price / Equity - 5 Yr Avg
Average Debt / Equity over the last five years.