Welcome to the
Company Financials
in
Mergent Online  tutorial.

If you see a login screen, please log in with your Hofstra credentials

Mergent Online has many different types of business information. In this tutorial, we will focus on finding financial data ("financials") such as balance sheets, income statements, retained earnings, cash flow and important ratios.

Other tutorials demonstrate how to find other information in Mergent Online.

1. The Mergent Online homepage appears to the right of these instructions.  Please look at it.

Note that there are two boxes.

  • The left box is used for company research
  • The right box is used for classification research (by industry code, index,
    exchange, or country)

Use the right arrow below to continue

We will be searching a particular company, Ford, an American car manufacturer.

You can search by the name of the company or by the ticker symbol.

1. Please enter the name "Ford"
    in the Mergent search box.

Notice that many "Ford" companies are listed. We are interested in "Ford Motor Company", which is traded on the New York Stock exchange -

Mergent Ford Page

2. Click on
    "Ford Motor Company"

Use the right arrow below to continue

The light blue area at the top provides basic information about the company, including that it is traded on the New York Stock exchange (NYSE) and that its ticker symbol is F.

blue ford img

[the (DE) stands for Delaware, the state in which Ford is incorporated]

Below the basic company information is a row of blue tabs. Right now, the Company Details tab at the left is selected.

1. Click the blue
    "Company Financials" tab

Use the right arrow below to continue

Notice the links below the blue tabs. These change depending on which blue tab is selected.

The "As Reported" link is the default setting for financial data, but you can see that preliminary, standardized and restated data are also available.

1.  Click the drop-down
     menus. These menus control

drop-down menus

  • what is being displayed (the default setting is the annual balance sheet for five years) and
  • how it is being displayed (the default setting is in the reported currency, and in the reported monetary scale).

 

Now let's look at the chart showing the data.

Use the right arrow below to continue

We'll begin by looking at the headings in the dark blue rows.

You'll see that

  • five years are reported
  • the reported currency is the US dollar (USD)
  • it is a consolidated statement, including debts and liabilities from Ford subsidiaries
  • the reported monetary scale is in millions of dollars (to get real number, add six zero's to what is presented)

Now let's look at the balance sheet data in a different way.

1. Change "annuals" to
    "quarters"

2. Change "5 years/quarters" to
    "3 years/quarters"

3. Change "As reported scale" to
    "no scale"

4. Click the refresh btn button to
    the right of the drop-down  
    menus

Use the right arrow below to continue

You'll notice that
  • you're seeing quarterly data
  • unlike the annual balance sheet, the quarterly sheet is not audited
  • the dollar amounts are in real numbers, not scaled to millions or any other scale
  • it is still a consolidated statement, including debts and liabilities from Ford subsidiaries

Use the right arrow below to continue

Why is it important that you can change the currency and scale?

Changing the currency and scale enables you to compare financials from companies that report in different currencies and scales translating their numbers into a common currency and scale.

 Use the right arrow below to continue

Now let's look at
"Income Statements"

1.  Change "Balance Sheet" to
     "Income Statements"

2.  Click on refresh

Look at the columns of numbers - you'll notice that some of the numbers are in parentheses ( )

Now look at the text (words) in the left column for the row with the number in parentheses ( ).

You'll see text like

  • "gains (losses)"
  • "income (losses)"

Athough this is an INCOME statement, it still shows losses.  You know that they are losses by the parentheses in the description at left and around the number itself.

Use the right arrow below to continue

Now let's look at "Retained Earnings" statements.

1.  Change "Income Statements"
     to
"Retained Earnings"

2.  Click on refresh

Although this is an EARNINGS statement, it also shows "accumulated deficits" through the use of parentheses ( ) in the text on the left and the numbers on the right.

Use the right arrow below to continue

 Now let's look at "Cash Flow".

1.  Change "Retained Earnings"
     to "Cash Flow"

2.  Click on refresh

Please note that in the "Cash Flow" report, parentheses ( ) are used for both GAINS and LOSSES, depending on the type of line item.

Use the right arrow below to continue

Ratios are important business reporting statistics.

1.  Click the "Ratios" link
     below the blue tabs

As in the previous screens, you can select annual or quarterly data. 

Just remember to click the Refresh button after making your selection!

Use the right arrow below to continue

As you can see, there is a lot of ratio data available.  You may not know what the abbreviations mean, or how the ratios are calcuated.

To find out what the ratio means and how it is calculated

1.  Click on the question mark to the left
     of the ratio name

To find out exactly what numbers were used to calculate a particular statistic for a particular time period

2.  click on the arrow next to
     the number.

 Use the right arrow below to continue

Congratulations!

You have completed the tutorial on finding company financials in Mergent Online.

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