Valens Research – UAFRS vs As Reported Weekly Highlights – December 12, 2019
December 12, 2019
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
Jabil Inc. (JBL)
Operating Lease Distortion
Broadcom Inc. (AVGO)
Goodwill Distortion
Kardex AG (KARN:CHE)
Excess Cash Distortion