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Glossary of Financial Terms
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3 Day Average Daily Trading Volume
This is the daily average of cumulative trading volume for the last three days.

10 Day Average Daily Trading Volume (millions)
This is the daily average of the cumulative trading volume for the last 10 days.

3 Month Average Daily Volume (millions)
This is the monthly average of the cumulative trading volume during the last three months divided by 22 days.

6 Month Insider Buy Transactions
This is the number of officers and directors that purchased their company's common stock in the last six months.

6 Month Insider Net Trades
This is the net difference between the number of officers and directors that purchased the company's stock and the number of officers and directors that sold the company's stock in the last six months.

6 Month Insider Sell Transactions
This is the number of officers and directors that sold the company's stock in the last six months.

5 Year High P/E Ratio
The P/E Ratio for each of the past 60 months is calculated using the month end Price divided by the trailing twelve month Earnings Per Share (EPS) Excluding Extraordinary Items ending at least 1 month earlier than the pricing date. The highest of these 60 P/E values is the 5 Year High Price Earnings Ratio.

5 Year Low P/E Ratio
The P/E Ratio for each of the past 60 months is calculated using the month end Price divided by the trailing twelve month Earnings Per Share (EPS) Excluding Extraordinary Items ending at least 1 month earlier than the pricing date. The lowest of these 60 P/E values is the 5 Year Low Price Earnings Ratio.


A

Asset Turnover, TTM
This value is calculated as the Total Revenues for the trailing twelve months divided by the Average Total Assets. The Average Total Assets is defined as the Total Assets for the 5 most recent quarters divided by 5.

Average Primary Shares Outstanding
This is the number of weighted average shares outstanding for the period.


B

Beta
Beta is a measure of a company's common stock price volatility relative to the market.

Book Value Per Share, MRQ ($ per share)
This is defined as the Common Shareholder's Equity divided by the Shares Outstanding at the end of the most recent fiscal quarter.

Book Value, MRQ ($ millions)
Also referred to as Common Shareholder's Equity, this is the Total Shareholder's Equity as of the most recent quarterly Balance Sheet minus Preferred Stock and Redeemable Preferred Stock.

Business Summary
This field of information will give the investor a brief description of what the company's line of business is. It also gives information regarding the current period's revenues and earnings vs. the prior periods results.


C

Capital Spending, 5 Year Growth Rate (%)
This is the compound annual growth rate of Capital Spending over the last 5 years. Capital Spending is the sum of the Capital Expenditure items found on the Statement of Cash Flows.

Cash and Equivalents
This represents cash and all securities that can readily be transferred into cash as listed in the current assets section.

Cash Flow Per Share, TTM ($ per share)
This value is the trailing twelve month Cash Flow divided by the trailing twelve month Average Shares Outstanding. Cash Flow is defined as the sum of Income After Taxes minus Preferred Dividends and General Partner Distributions plus Depreciation, Depletion and Amortization.

Cash From Financing
The sum of all the individual financing activity cash flow line items.

Cash From Investing
The sum of all the individual investing activity cash flow line items.

Cash From Operations
The sum of all the individual operating activity cash flow line items.

Cash Per Share, Quarterly, MRQ ($ per share)
This is the Total Cash plus Short Term Investments divided by the Shares Outstanding at the end of the most recent fiscal quarter.

Common Dividends Per Share
This is the Common Stock Cash Dividends Per Share for the selected time period.

Complete Financials Date
This date indicates the last quarter or annual update with a complete set of financial records.

Cost of Goods Sold
Also called the Cost of Revenue, this is the cost of all raw materials plus the work in process and the cost of producing the finished goods.

Currency
The code used to identify the currency in which the financial statements are reported.

Current Ratio (MRQ)
This is the ratio of Total Current Assets for the most recent quarter divided by Total Current Liabilities for the same period.


D

Depreciation
This reflects the depreciation for all capital goods.

Dividend, 5 Year Growth Rate (%)
This growth rate is the compound annual growth rate of cash dividends per common share of stock over the last 5 years.

Dividend Declared, Last Quarterly ($ per share)
This is the amount of the last quarterly dividend, if one has been declared by the company.

Dividend Ex-date, Last Quarterly
This is the first date on which a person purchasing the stock is no longer eligible to receive the last announced dividend. If a prospective dividend payment has been announced, this may be a future date. The format for this variable is MM/DD/YY (12/31/95).

Dividend, Indicated Annual ($ per share)
This value is the total of the expected dividend payments over the next twelve months. It is generally the most recent cash dividend paid or declared multiplied by the dividend payment frequency, plus any recurring extra dividends.

Dividend Payment Date, Last Quarterly
This is the date on which payment for the last dividend declared will be made to the shareholders. The format for this variable is MM/DD/YY (12/31/95).

Dividend Rate ($ per share)
This value is the total of the expected dividend payments over the next twelve months. It is generally the most recent cash dividend paid or declared multiplied by the dividend payment frequency, plus any recurring extra dividends.

Dividend Yield (%)
This value is the current percentage dividend yield based on the present cash dividend rate. It is calculated as the Indicated Annual Dividend divided by the current Price, multiplied by 100.

Dividend Yield, 5 Year Average (%)
This value is the average of the dividend yield over the last 60 months.


E

Earnings Announcements
This is the company's preliminary operating results. This variable includes the most recent quarterly date announced as well as revenue, earnings, and EPS information for that quarter.

Earnings Announcements Date
This date indicates when an Earnings Announcement was announced.

Earnings Per Share, 5 Year Growth Rate (%)
This growth rate is the compound annual growth rate of Earnings Per Share Excluding Extraordinary Items and Discontinued Operations over the last 5 years.

EBITD Margin, 5 Year Average (%)
This value is calculated by determining the annual EBITD Margins for the 5 most recent fiscal years and then averaging the values.

EBITD Margin, TTM (%)
This value represents the trailing twelve month Earnings Before Interest, Taxes and Depreciation expressed as a percent of trailing twelve month Total Revenue.

Employees
This is the total number of full time or full time equivalent employees as reported by the company in its 10-K report.

EPS Excluding Extraordinary Items
This is the adjusted income available to Common divided by the primary weighted average shares outstanding.

EPS Growth Rate, 3 Years (%)
This growth rate is the compound annual growth rate of Earnings Per Share Excluding Extraordinary Items and Discontinued Operations over the last 3 years.

EPS Percent Change, Most Recent Quarter vs. Prior Quarter (%)
This is the most recent quarterly EPS minus the preceding quarterly EPS divided by the EPS for the preceding quarter, multiplied by 100.

EPS Percent Change, TTM vs. Prior TTM (%)
This is the percent change in the trailing twelve month EPS as compared to the same trailing twelve month period one year ago.

EPS Percent Change, Year Over Year (%)
This is the percent change in annual EPS as compared to the same period one year ago.

EPS, Primary, Excluding Extraordinary Items, TTM ($ per share)
This is the Adjusted Income Available to Common Stockholders for the trailing twelve months divided by the trailing twelve month Primary Weighted Average Shares Outstanding.

Equity
This gives the company's leading class of stock, insiders control, institutional ownership, IPO, and debt information.

Exchange
This is a four character field indicating the primary trading market for the company's common stock. The following are the valid codes:
NYSE = New York Stock Exchange
AMEX = American Stock Exchange
NASD = Nasdaq Market
OTC = Pink Sheet or OTC Bulletin Board


F

Float (millions)
This is the number of freely traded shares in the hands of the public. Float is calculated as Shares Outstanding minus Shares Owned by Insiders, 5% Owners, and Rule 144 Shares.

Free Cash Flow Per Share, TTM ($ per share)
This is the trailing twelve month Free Cash Flow divided by the trailing twelve month Average Shares Outstanding found on the income statement.

Fully Diluted Shares
This is the number of shares of Common Stock that would be outstanding if all convertible securities were converted to Common.


G

Gross Margin, 5 Year Average (%)
This value is calculated by determining the Gross Margin for each of the 5 most recent fiscal years and then averaging the values. Gross Margin is Total Revenue minus Cost of Goods Sold divided by Total Revenue and is expressed as a percentage.

Gross Margin, TTM (%)
This value measures the percent of revenue left after paying all direct production expenses. It is calculated as the trailing 12 months Total Revenue minus the trailing 12 months Cost of Goods Sold divided by the trailing 12 months Total Revenue and multiplied by 100.


I

Income After Taxes
Also known as After Tax Income for the most recent quarter, this is the money remaining after all expenses and taxes have been paid, but before any adjustments have been made.

Income Before Taxes
Also known as Pretax Income and Earnings Before Taxes, this is Total Revenue minus Total Expenses plus Non-operating Income (Expenses).

Income for Primary EPS
This is the dollar amount accruing to common shareholders for dividends and retained earnings. Income Available to Common Shareholders is calculated as Income After Taxes plus Minority Interest and Equity in Affiliates plus Preferred Dividends, General Partner Distributions and US GAAP Adjustments.

Indicated Annual Dividend ($)
This value is the total of the expected dividend payments over the next twelve months. It is generally the most recent cash dividend paid or declared multiplied by the dividend payment frequency, plus any recurring extra dividend.

Insider Net Shares Bought (millions)
This is the net difference between the number of shares of company stock purchased by officers and directors and the number of shares sold by officers and directors during the preceding six months.

Insider Ownership Percent (%) This is the percent of common stock held by all the officers and directors of the company plus beneficial owners who own more than 5 percent of the subject company's stock as disclosed in the most recent proxy statement.

Insider Shares Purchased (millions)
This is the number of shares of company stock purchased by officers and directors in the last six months.

Insider Shares Sold (millions)
This is the number of shares of company stock sold by officers and directors in the last six months.

Institutional % Shares Outstanding Owned
This is the percent of common stock held by all the reporting institutions as a group. It is calculated as total shares owned by institutions divided by total shares outstanding multiplied by 100.

Institutional Net Shares Purchased (millions)
This is the net difference between the number of shares of company stock purchased by institutions and the number of shares sold by institutions in the last three months reported by each institution.

Institutional Number of Shareholders
This is the number of institutions (pension funds, mutual funds, etc.) that currently report an investment position in the company's stock.

Institutional Number of Shares Owned (millions)
This is the total number of shares held by all institutions (pension funds, mutual funds, etc.) that report their holdings to the SEC.

Institutional Percent Owned, Prior Quarter (%)
This is the percent of common stock held by all the reporting institutions as a group during the last three months. It is calculated as Total Shares Owned by Institutions divided by Total Shares Outstanding multiplied by 100.

Institutional Shares Purchased (millions)
This is the number of shares of company stock purchased by institutions in the last three months reported by each institution.

Institutional Shares Sold (millions)
This is the total number of shares of company stock sold by institutions in the last three months reported by each institution.

Interest Coverage, TTM
Also known as Times Interest Earned, this is the ratio of Earnings before interest and taxes for the trailing twelve months divided by the trailing twelve month interest expense.

Interest Expense
This is the Total Operating and Non-Operating Interest Expense.

Inventories
This consists of direct materials, work-in-process, and finished goods ready for sale.

Inventory Turnover, TTM
This value measures how quickly the Inventory is sold. It is defined as Cost of Goods Sold for the trailing twelve months divided by Average Inventory. Average Inventory is calculated by adding the inventory for the 5 most recent quarters and dividing by 5.


L

Long Term Debt & Capital Leases
This is the sum of all Long Term Debt and Capitalized Lease Obligations.

Long Term Debt To Total Equity (MRQ)
This ratio is the Total Long Term Debt for the most recent fiscal quarter divided by Total Shareholder Equity for the same period.


M

Market Capitalization ($ millions)
This value is calculated by multiplying the current Price by the current number of Shares Outstanding.

MRQ
Most Recent Quarter.


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