01-13-2021, 07:21 AM
Need some guidance on Lease forecasting in a 3 Statement Model
<!-- SC_OFF --><div class="md"><p>I am assembling a 3 Statement model for MGM Resorts, however I’m having a tough moment while dealing with Leases. 10K provided me some useful information such as Lease Maturities, Discount Rates for Operating and Finance Assets/Liabilities and the corresponding Lease term for both types.</p> <p>I know currently that under FASB Topic 842 a company is required to report in their BS a ROU Assets and a Lease Liability with the same value.</p> <p>Therefore, I need some guidance on how can I manipulate the quantities in order to get an accurate forecast</p> <p>Thanks in advance!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Schutz01"> /u/Schutz01 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/kvzeg6/need_some_guidance_on_lease_forecasting_in_a_3/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/kvzeg6/need_some_guidance_on_lease_forecasting_in_a_3/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I am assembling a 3 Statement model for MGM Resorts, however I’m having a tough moment while dealing with Leases. 10K provided me some useful information such as Lease Maturities, Discount Rates for Operating and Finance Assets/Liabilities and the corresponding Lease term for both types.</p> <p>I know currently that under FASB Topic 842 a company is required to report in their BS a ROU Assets and a Lease Liability with the same value.</p> <p>Therefore, I need some guidance on how can I manipulate the quantities in order to get an accurate forecast</p> <p>Thanks in advance!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Schutz01"> /u/Schutz01 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/kvzeg6/need_some_guidance_on_lease_forecasting_in_a_3/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/kvzeg6/need_some_guidance_on_lease_forecasting_in_a_3/">[comments]</a></span>Kind Regards R