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Musings on Markets: Data Update 5 for 2022: The Bottom Line!

CFO News Room

IFRS and GAAP now treat as leases as debt, but that is still not the case in many other markets that are not covered by either standard). Costs grow at a slower rate than revenues. Lower effective tax rate, across all income.

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Data Update 5 for 2022: The Bottom Line!

Musings on Markets

IFRS and GAAP now treat as leases as debt, but that is still not the case in many other markets that are not covered by either standard). Tax player After-tax operating income is close to pre-tax operating income Lower effective tax rate, across all income.

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Data Update 1 for 2021: A (Data) Look Back at a Most Forgettable Year (2020)!

Musings on Markets

To illustrate, consider a practice in valuation, where analysts are trained to add a small cap premium to discount rates for smaller companies, on the intuition that they are riskier than larger companies. Data Update 4 for 2021: The Hurdle Rate Question.