RECENT POSTS
Tuesday, September 18, 2018
Thoughts on Structured Data

Sunday, September 16, 2018
Calcbench Goes to the Movies

Wednesday, September 12, 2018
The First-Ever Calcbench Webinar

Friday, August 31, 2018
Q&A: Ahmet Kurt and Researching Financial Data Quality

Friday, August 17, 2018
Leasing Costs and the Income Statement

Wednesday, August 15, 2018
Costs of Revenue, SG&A: Q2 Update

Tuesday, August 14, 2018
Who is affected by Turkey?

Wednesday, August 8, 2018
Lease Accounting and Return on Assets

Thursday, August 2, 2018
Latest Look at Leasing Liabilities

Thursday, July 26, 2018
Bargain Hunting in Calcbench

Wednesday, July 25, 2018
Chicken Soup for the Analyst’s Soul

Thursday, July 19, 2018
Calcbench Report: Share Repurchase Programs

Tuesday, July 17, 2018
Free Cash Flow, Big Filers and Small

Monday, July 16, 2018
Putting Our 8-K Search to Work

Monday, July 9, 2018
And Now, 8-K Disclosures Galore

Thursday, July 5, 2018
Data: Dependence on Overseas Revenue

Monday, July 2, 2018
Casey’s Stores Has Story to Sell

Tuesday, June 26, 2018
Research: Q1 2018 Wrap-Up

Tuesday, June 19, 2018
Smucker’s Sweet Tax Benefit

Tuesday, June 19, 2018
U.S. Firms Exposure to China (2015-2017)

Archive  |  Search:

Impairment Charges (get ready!)
Tuesday, February 9, 2016

As data comes into Calcbench, we continue to see new things in the information. Today’s topic is Goodwill Impairment charges. Last week, for example, we saw Yahoo! take an impairment of over 4 Billion dollars in their end of year earnings report!

By connecting this idea with other trends that we see in the economy, like the continuing stockpiling of cash, one may wonder what they will do with it (see our blog for more on the topic). Some firms buyback stock , some pay dividends while other buy other firms and technologies and pay premiums for it.

When firms buy other firms, what ends up happening? How significant can it be when these transactions don’t work?

So we asked a simple question: ‘Could our platform tell us how many firms took Goodwill Impairment Charges of $250 Million or more every for any of the last 5 quarters?’

The data is in the table below:

Firms with Goodwill Impairment Losses GT 250 M USD
3Q 2014 15
4Q 2014 16
1Q 2015 8
2Q 2015 8
3Q 2015 32

If Yahoo! is a leading indicator you can expect that there will be more than 32 firms at the end of Q4 2015 and many more in 2016 with impairment charges coming. Ouch!

For more information on this or any other topic related to corporate financial disclosures please contact us@calcbench.com.


FREE Calcbench Premium
Two Week Trial

Research Financial & Accounting Data Like Never Before. More features and try our Excel add-in. Sign up now to try the Premium Suite.