SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Fundamental Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E_K_S who wrote (4677)7/2/2025 9:39:02 AM
From: bruwin2 Recommendations

Recommended By
E_K_S
S. maltophilia

  Read Replies (1) of 4719
 
Well, the way I see it, the Best that one can do is to refer to the ACTUAL numbers that appear in the latest published Financial Statements of a company. And in the case of the USA that will be either in their latest 10Q or 10K Reports. And the LTM number, as AI states, is the sum of the Actual numbers of the last 4 Quarterly Periods, and not numbers which may, or may not, be relevant in future Financials.

If PAHC "management" thought that the "one time charge" from the Zoetis acquisition was not relevant to their latest Net Income number then they could have put it into their Income Statement as a Negative number and therefore not expect folk to go "digging" through their "Notes" to do whatever adjustments that the "digger" thought was relevant.

After all, they did include the "Amortization of Goodwill and Intangible Assets" in their Income Statement which some regard as not that relevant. They could just as easily have put that "one time charge" of Zoetis against "Other Non Operating Income (Expenses)" as a negative entry, then there wouldn't be a need for "NTM" calculations which no one can be as certain about as one can be certain about what has ACTUALLY happened over the last 12 months .....

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News