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The Calcbench Insider: April 2017

 

Hello Calcbench fans, and welcome to second-quarter 2017. Calcbench has been busy digging into 2016 annual filings (which are gushing through the door now), and we are busy expanding our product lineup and dabbling in financial data research. Happy spring.

 

Whether you’re new to our products or looking to learn more about how we can improve your day-to-day, we hope you find the information below useful and entertaining. Sign up here for a free Calcbench trial. As always, your feedback is welcome.

 

All the best,

 

The Calcbench Team


 

What’s New in Calcbench

 

Tutorial: how to run complex searches across multiple Calcbench databases. Calcbench has lots of data that can be studied in sophisticated ways. This month, we walk through how to do that with an interesting example: companies that report operating losses, yet still pay taxes? How many do this? How can you find them? How do you find their disclosures that explain why? Calcbench users can find those answers easily by starting with our Multi-Company database and then shifting gears to the Interactive Disclosure page. This month’s tutorial shows you how.

 

Why use Calcbench? This is why. A prospective customer recently asked what makes Calcbench stand above our competitors. We had five specific reasons—and were so proud of them, we’re sharing them here, too. Speed, precision, interactivity, and more; see what makes us worth it.

 

And happy birthday to us! Calcbench turns five years old this spring. We’ve been happy to be a part of the financial reporting and analysis community for so long.
 


 

Calcbench on the Road

 

Looking for a chance to meet your favorite financial data providers in person? Calcbench will be appearing at two CFA events in coming weeks:

 

 

We encourage you to attend either event, and if you do, please find us and say hello!


 

Geeking Out on Data

 

Reading the tea leaves of net income in Q4. Calcbench is preparing an in-depth review of fourth-quarter 2016, looking at the financial data from nearly 3,200 filers. Already we’ve found one quirk: the huge spike in net income compared to 2015 numbers is not as promising as seems. Rather, almost all that increase among those 3,200 filers ($57.7 billion) can be attributed to only 10 companies. We have their names and numbers inside.

 

R&D Spending on the Rise, 2013-2016. Good news for all the math and science majors: Corporate America is spending more on research and development. Calcbench examined R&D spending at the S&P 500 for the last four years, and by almost every metric (in both dollar terms and relative percentages), spending is up. Read more inside, including our list of who spends the most.

 

Long look at banking sector interest income. To commemorate the Federal Reserve’s decision to raise interest rates last month, Calcbench also looked at net interest and non-interest income for the financial sector, 2010 to 2016. The curve started rising rapidly upward in 2015 as interest rate hikes came back into vogue; a likely harbinger of what’s to come. We have all the details inside.  


 

Financial Reporting in the News

 

XBRL meets IFRS. The SEC has decided that starting next year, foreign private issuers who compile financial reports according to International Financial Reporting Standards must submit them tagged in XBRL technology. That could be a bumpy transition for some foreign firms, but ultimately it means more data for consumers of financial information—and yes, once the data is filed, Calcbench will have it! Read more.


 

Need to Learn the Ropes?

 

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