Last week, analysts parsed 501 filings and collected 55,615 data points. In total, they made 9,915 accounting adjustments with a dollar value of $2.9 trillion.
Last week, analysts parsed 421 10-K filings and collected 38,931 data points. In total, they made 7,881 accounting adjustments with a dollar value of $1.9 trillion.
Last week, analysts parsed 659 10-K filings and collected 72,984 data points. In total, they made 15,056 accounting adjustments with a dollar value of $6 trillion.
While this deal certainly could be good for AMZN, we believe the market may be ignoring some of Whole Foods Market’s off-balance sheet liabilities that make this acquisition more expensive than it appears.