Anticipating Corporate Financial Performance from CEO Letters Utilizing Sentiment Analysis

Table 6

Financial variable definition.

Variable name	Definition
Working capital	Current assets minus current liabilities
Total assets	The final amount of all gross investments, cash and equivalents, receivables, and other assets as they are presented on the balance sheet
Retained earnings	The amount of net income left over for the business after it has paid out dividends to its shareholders
Earnings before interest and tax (EBIT)	Revenue minus expenses, excluding tax and interest
Market value of equity	The total dollar value of a company's equity
Total liabilities	The combined debts and obligations that an individual or company owes to outside parties
Sales	Total dollar amount collected for goods and services provided