Bondholder group warns against adding coronavirus to EBITDA [Reuters]
T. Rowe Price Group, Inc. (TROW)
Last t. rowe price group, inc. earnings: 4/28 07:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
trow.client.shareholder.com
Company Research
Source: Reuters
Bondholder group warns against adding coronavirus to EBITDA (Reuters) - The Credit Roundtable, a bondholder advocacy group, is warning against companies elevating their EBITDA by adding back losses related the coronavirus pandemic. In an open letter on Wednesday, the group called on regulators and auditors to scrutinize a recent practice by some companies of adding losses caused by the coronavirus into their calculations of earnings before interest, depreciation and amortization, a widely used measure of cash flow and ability to pay debt. “We believe EBITDAC calculations include many hypothetical, highly subjective, and potentially misleading adjustments,” the letter said. “The use of EBITDAC compromises a fundamental assessment of a company’s ability to incur and service debt to the detriment of current and future providers of capital.” The Credit Roundtable’s members include MetLife, T. Rowe Price, AIG and the California Public Employees’ Retirement System.
Show less
Read more
Impact Snapshot
Event Time:
TROW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TROW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TROW alerts
High impacting T. Rowe Price Group, Inc. news events
Weekly update
A roundup of the hottest topics
TROW
News
- Is T. Rowe Price Equity Income Fund (PRFDX) a Strong Mutual Fund Pick Right Now? [Yahoo! Finance]Yahoo! Finance
- Gear Up for T. Rowe (TROW) Q1 Earnings: Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Shadow Banking Stress in South Korea Sends Warning to Global Investors [Yahoo! Finance]Yahoo! Finance
- Shadow Banking Stress in South Korea Sends Warning to Global Investors [BNN Bloomberg (Canada)]BNN Bloomberg
- Sila Momentum Continues with its Moses Lake Plant On-Track for Construction Completion in Q1 2025 [Yahoo! Finance]Yahoo! Finance
TROW
Earnings
- 2/8/24 - Beat
TROW
Sec Filings
- 4/24/24 - Form N-CSR
- 4/24/24 - Form N-CSR
- 4/24/24 - Form N-CSR
- TROW's page on the SEC website