Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.
Company Specific Highlights & Insights
Tractor Supply Company (TSCO)
Operating Lease Expense Distortion
Facebook, Inc (FB)
Excess Cash Distortion
Bristol-Myers Squibb Company (BMY)
R&D Expense Distortion