Valens Research – UAFRS vs As Reported Weekly Highlights – March 26, 2020

March 26, 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

U.S. Physical Therapy, Inc.(USPH)
Operating Lease Distortion
Medpace Holdings, Inc.(MEDP)
Goodwill Distortion
Western Midstream Partners, LP (WES)
Net to Gross PP&E Distortion