Valens Research – UAFRS vs As Reported Weekly Highlights – July 16, 2020
July 22, 2020
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
Monster Beverage Corporation (MNST)
Goodwill Distortion
Vector Group Ltd. (VGR)
Excess Cash Distortion
Sykes Enterprises, Inc. (SYKE)
Operating Lease Expense Distortion