Infront Analytics Platform is a powerful tool to compare companies, you must however be careful not to compare apples and oranges. In Infront terms, this means that you should avoid comparing two companies that have a different reporting model.
What is the reporting model?
The reporting model refers to the type of accounting used by the company for its financial reporting:
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Bank
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Financial
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Industrial
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Insurance
The reporting model of a company is always available on the "Financial Statements" view of Infront Analytics Platform.
How are ratio calculations impacted by the reporting model?
The financial ratios calculated for a company depend on its reporting model. We automatically adjust the view to the reporting model of the selected company.
Issues can appear if a company is compared with another company that has a different reporting model. Using predefined list of peers, those compatibility issues are unlikely to happen as we build peers lists only with companies with the same reporting model.