Descriptive

# Glossary

Descriptive

**Price & Volume**

**Dividend Information**

**Share Related Items**

**Short Interest**

**Institutional Ownership**

**Insider trading**

**Valuation Ratios**

**Profitability**

**Management Effectiveness (%)**

**Financial Strength**

**Growth**

**Per Share Data**

**Balance Sheet, Qtr**

**Efficiency Ratios**

**Income Statements**

**Balance Sheets**

**Cash Flow Statements**

### Descriptive

**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.

**Currency**

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

**Complete Financials Date**

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

**Earnings Announcements Date**

This date indicates when an Earnings Announcement was announced.

**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. These announcements are denoted by an "*" mark. Any ratio calculated using earnings announcement information is denoted by an "*" mark.

**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.

**Equity**

This field starts off with the company's leading class of stock, and then proceeds to give insiders control, institutional ownership, IPO, and debt information.

**Officers**

This is a listing of the names and positions of the company's executive officers.

**Analyst Footnotes**

These notes are entered by the assigned Market Guide Analyst to explain reclassifications, restatements, stock splits, acquisitions, etc.

**Sector**

Market Guide has grouped its industries into 12 distinct sectors. These sectors represent different segments of the U.S. economy. The Market Guide Sector is displayed as a six character mnemonic.

**Industry**

Market Guide has grouped its company universe into more than 100 distinctive industries. These industries have been developed to contain those companies that operate along similar lines of business. The Market Guide Industry is displayed as a six character mnemonic.

**Employees**

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

**SIC Code - Primary**

The Standard Industrial Classification (SIC) Code is a four digit code that indicates the company's line of business. Market Guide's analysts assign SIC codes based on descending order of the company's revenue generated from each product line.

**SIC Code - Secondary**

The Standard Industrial Classification (SIC) Code is a four digit code that indicates the company's line of business. Market Guide's analysts assign SIC codes based on descending order of the company's revenue generated from each product line.

### Price & Volume

**Price ($)**

This is the Closing or Last Bid Price. It is also referred to as the Current Price. For NYSE, AMEX, and Nasdaq traded companies, the price is the previous Friday's closing price. For companies traded on the National Quotation Bureau's "Pink Sheets", and OTC bulletin boards, it is the bid price obtained at the time the report is updated.

**Price, 52 Week High ($) **This price is the highest price the stock traded at in the last 12 months. This could be an intraday high.

**Price, 52 Week Low ($)**

This price is the lowest price the stock traded at in the last 12 months. This could be an intraday low.

**3 Day Average Daily Trading Volume**

This is the daily average of cumulative trading volume for the last three 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.

**10 Day Average Daily Trading Volume (millions)**

This is the daily average of the cumulative trading volume for the last 10 days.

**Beta**

Beta is a measure of a company's common stock price volatility relative to the market. The Market Guide Beta is the slope of the 60 month regression line of the percentage adjusted for regression tendencies reported by Blume.

### Dividend Information

**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.

**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.

**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 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, 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.

### Share Related Items

**Market Capitalization ($ millions)**

This value is calculated by multiplying the current Price by the current number of Shares Outstanding.

**Shares Outstanding, Current (millions) **This is the number of shares of common stock currently outstanding, less the shares held in treasury. This field reflects all offerings and acquisitions for stock made after the end of the previous fiscal period.

**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.

### Short Interest

**Short Interest Ratio (days)**

This represents the number of days it would take to cover the Short Interest if trading continued at the average daily volume for the month. It is calculated as the Short Interest for the Current Month divided by the Average Daily Volume.

**Short Interest, Current Month Position (millions)**

This is the number of shares currently borrowed by investors for sale, but not yet returned to the owner (lender).

**Short Interest, Previous Month (millions)**

This is the number of shares borrowed in the prior month by investors for sale, but not yet returned to the owner (lender) during the prior month.

### Institutional Ownership

**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 % 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 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.

**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 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.

### Insider Trading

**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 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 Sell Transactions

6 Month Insider Sell Transactions

This is the number of officers and directors that sold the company's stock in the last six months.

**Insider Shares Purchased (millions**)

This is the number of shares of company stock sold 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.

**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.

### Valuation Ratios

**Price To Earnings Ratio (TTM) **This ratio is calculated by dividing the current Price by the sum of the Primary Earnings Per Share from continuing operations BEFORE Extraordinary Items and Accounting Changes over the last four quarters.

**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.

**Price to Tangible Book Ratio (MRQ)**

This is the Price divided by the latest quarterly Tangible Book Value Per Share. Tangible Book Value Per Share is defined as Book Value minus Goodwill and Intangible Assets divided by the Shares Outstanding at the end of the fiscal quarter.

**Price to Book Ratio (MRQ)**

This is the Price divided by the latest quarterly Book Value Per Share.

**Price to Sales Ratio (TTM)**

This is the Price divided by the Sales Per Share for the trailing twelve months. If there is a preliminary earnings announcement for a quarter that has recently ended, the revenue (sales) values from this announcement will be used in calculating the trailing twelve month revenue per share.

**This is the current Price divided by Cash Flow Per Share for the trailing twelve months. Cash Flow is defined as Income After Taxes minus Preferred Dividends and General Partner Distributions plus Depreciation, Depletion and Amortization.**

Price to Cash Flow Per Share Ratio (TTM)

Price to Cash Flow Per Share Ratio (TTM)

**Price To Free Cash Flow Per Share Ratio (TTM)**

This is the Price divided by the trailing twelve month Free Cash Flow Per Share. Free Cash Flow is calculated from the Statement of Cash Flows as Cash From Operations minus Capital Expenditures and Dividends Paid.

**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.

**This is the trailing twelve month Free Cash Flow divided by the trailing twelve month Average Shares Outstanding found on the income statement.**

Free Cash Flow Per Share, TTM ($ per share)

Free Cash Flow Per Share, TTM ($ per share)

### Profitability

**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.

**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.

**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.

**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.

**Operating Margin, TTM (%)**

This value measures the percent of revenues remaining after paying all operating expenses. It is calculated as the trailing 12 months Operating Income divided by the trailing 12 months Total Revenue, multiplied by 100.

**Operating Margin, 5 Year Average (%)**

This value measures the percent of revenues remaining after paying all operating expenses. It is calculated by first determining the Operating Margin for each of the last 5 fiscal years and then averaging the values.

**Pretax Margin, TTM (%)**

This value represents the trailing twelve month Income Before Taxes expressed as a percent of Total Revenue for the same period.

**Pretax Margin, 5 Year Average (%)**

This value is calculated by determining the Pretax Margin for each of the 5 most recent fiscal years and averaging the values. Pretax Margin is defined as the Income Before Taxes divided by the Total Revenue. Also known as Return on Sales, this value is the Income After Taxes for the trailing twelve months divided by Total Revenue for the same period and is expressed as a percentage.

**Net Profit Margin, TTM (%)**

Also known as Return on Sales, this value is the Income After Taxes for the trailing twelve months divided by Total Revenue for the same period and is expressed as a percentage.

**Net Profit Margin, 5 Year Average (%)**

This value is calculated by determining the Net Profit Margin for each of the 5 most recent fiscal years and then averaging the values. Net Profit Margin is the Income After Taxes divided by Total Revenue, expressed as a percentage.

**Tax Rate, Effective, TTM**

This value is the income taxes (credit) for the trailing twelve months divided by the trailing twelve months' income before taxes and expressed as a percentage. If the income tax is a credit, i.e. <0, the result is an NM.

**Tax Rate, Effective, 5 Year Average (%)**

This value is calculated by determining the Effective Tax Rate for the 5 most recent fiscal years and averaging the values.

### Management Effectiveness (%)

**Return on Assets, TTM (%) **This value is the Income After Taxes for the trailing twelve months divided by the Average Total Assets, expressed as a percentage. Average Total Assets is calculated by adding the Total Assets for the 5 most recent quarters and dividing by 5.

**Return On Assets, 5 Year Average**

This value is calculated by first determining the annual return on assets for each of the 5 most recent years and then averaging the resulting values.

**Return on Investments, TTM (%)**

This value is the trailing twelve month Income after taxes divided by the average total long term debt, other long term liabilities and shareholders equity, and expressed as a percentage.

**Return On Investments, 5 Year Average**

This value is calculated by determining the annual Return on Investment for the five most resent fiscal years and then averaging the values. The return on investment is the annual income after taxes divided by the average total long term debt, other long term liabilities and shareholders equity and expressed as a percentage.

**Return On Equity, TTM (%)**

This value is the Income Available to Common Stockholders for the trailing twelve months divided by the Common Equity and is expressed as a percentage. Average Common Equity is calculated by adding the Common Equity for the 5 most recent quarters and dividing by 5.

**Return On Equity 5 Year Average**

This value is calculated by determining the annual Return on Average Common Equity for each of the 5 most recent years and then averaging the resulting values.

### Financial Strength

**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.

**Quick Ratio (MRQ) **Also known as the Acid Test Ratio, this ratio is defined as Cash plus Short Term Investments plus Accounts Receivable for the most recent fiscal quarter divided by the Total Current Liabilities for the same period.

**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.

**Total Debt To Total Equity (MRQ)**

This ratio is Total Debt for the most recent fiscal quarter divided by Total Shareholder Equity for the same period.

**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.

**Payout Ratio, TTM (%)**

This ratio is the percentage of the Primary Earnings Per Share Excluding Extraordinary Items paid to common stockholders in the form of cash dividends during the trailing twelve months.

### Growth

**Revenue Percent Change Year Over Year**

This is the percent change in annual Revenue as compared to the same period one year ago. It is calculated as the revenue for the most recent fiscal year minus the revenue for the same period one year ago divided by the annual revenue one year ago, multiplied by l00.

**Sales Percent Change, Most Recent Quarter vs. Prior Quarter (%) **This value is calculated as the most recent quarterly Sales minus the Sales for the preceding quarter divided by the Sales for the preceding quarter and multiplied by 100.

**Sales Percent Change, TTM vs. Prior TTM (%)**

This is the percent change in the trailing twelve month Sales as compared to the same trailing twelve month period one year ago.

**Sales Growth Rate, 1 Year (%)**

This is the percent change in annual sales as compared to the same period one year ago.

**Sales Growth Rate, 3 Years (%)**

This growth rate is the compound annual growth rate of Sales over the last 3 years.

**Sales Growth Rate, 5 Years (%)**

This growth rate is the compound annual growth rate of Sales over the last 5 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 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.

**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.

**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.

**Retention Rate, TTM (%)**

This represents the percent of trailing twelve month earnings that have been ploughed back into the company. It is calculated as 100 minus the trailing twelve month Payout Ratio.

### Per Share Data

**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.

**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.

**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.

**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.

**Sales (Revenue) Per Share, TTM ($ per share)**

This value is the trailing twelve month Total Revenue divided by the Average Primary Shares Outstanding for the trailing twelve months.

**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.

### Balance Sheet Qtr

**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.

### Efficiency Ratios

**Sales Per Employee, TTM **This value is the trailing twelve month Total Sales divided by the number of employees at the end of the last reported fiscal year. The number of employees is defined as the number of full-time equivalent employees as reported in the company's 10-K report.

**Net Income Per Employee, TTM**

This value is the Income After Taxes for the trailing twelve months divided by the number of employees at the end of the last reported fiscal year. The number of employees is defined as the number of full-time equivalent employees reported on the Company's 10-K report.

**Receivable Turnover, TTM**

This is the ratio of Total Revenue for the trailing twelve months divided by Average Accounts Receivables. Average Receivables is calculated by adding the Accounts Receivables for the 5 most recent quarters and dividing by 5.

**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.

**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.

### Income Statements

**Net Revenue **This is the sum of all revenue (sales) reported for all operating divisions.

**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.

**Total Operating Expenses**

This is the total of the individual operating expense line items.

**Interest Expense**

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

**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 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 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.

**EPS Excluding Extraordinary Items**

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

**Average Primary Shares Outstanding**

This is the number of weighted average shares outstanding for the period.

Common Dividends Per Share

Common Dividends Per Share

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

**Fully Diluted Shares**

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

### Balance Sheets

**Cash and Equivalents**

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

**Short Term Investments**

The sum of all investments that mature within one year.

**Receivables**

This represents money owed to the company by customers for goods sold or services rendered, but not yet collected. This includes the trade receivables, finance receivables, and sales receivables.

**Total Current Assets**

This value is the sum of all current assets reported for the most recent time list.

**Inventories**

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

**Depreciation**

This reflects the depreciation for all capital goods.

**Total Assets**

This is the sum of all short and long term asset categories.

**Short Term Debt**

This is debt that comes due within one year.

**Total Current Liabilities**

This value is the sum of all current liabilities reported for the selected time period.

**Long Term Debt & Capital Leases**

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

**Total Debt**

Total Debt is the sum of Short Term Debt, the Current Portion of Long Term Debt and Capitalized Lease Obligations, Long Term Debt and Capitalized Lease Obligations.

**Total Liabilities**

This is the sum of all current and long term liabilities reported.

**Shares Outstanding**

This is the number of shares outstanding at the end of a fiscal period as reported in the Balance Sheet. This is the number of shares issued minus the shares held in Treasury.

### Cash Flow Statements

**Cash From Operations**

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

**Cash From Investing**

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

**Cash From Financing**

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

**Net Change In Cash**

It is calculated by adding cash from operating, investing, and financing activities and foreign exchange effects from the Statement of Cash Flows.