MSFT Microsoft Corporation

"The Company designs and maintains accounting and internal control systems to provide reasonable assurance at reasonable cost that assets are safeguarded against loss from unauthorized use or disposition, and that the financial records are reliable for preparing consolidated financial statements and maintaining accountability for assets."

distress relevance: 0.57 market specificity: 0.40 score: 0.331 mda

anchor: material weakness in internal control over financial reporting

"Our fixed-income investments are exposed to interest rate risk and credit risk."

distress relevance: 0.62 market specificity: 0.33 score: 0.329 mda

anchor: asset-liability mismatch exposes us to significant interest rate risk

"If we have plans to sell the security or it is more likely than not that we will be required to sell the security before recovery, then a decline in fair value below cost is recorded as an impairment charge in other income (expense), net and a new cost basis in the investment is established."

distress relevance: 0.59 market specificity: 0.36 score: 0.325 mda

anchor: material impairment charges on our investment portfolio

"Once an investment is determined to be impaired, an impairment charge is recorded in other income (expense), net."

distress relevance: 0.69 market specificity: 0.22 score: 0.310 mda

anchor: material impairment charges on our investment portfolio

"If the cost of an investment exceeds its fair value, we evaluate, among other factors, general market conditions, credit quality of debt instrument issuers, and the extent to which the fair value is less than cost."

distress relevance: 0.52 market specificity: 0.37 score: 0.290 mda

anchor: rising interest rates have significantly reduced the fair value of our portfolio

"The Company designs and maintains accounting and internal control systems to provide reasonable assurance at reasonable cost that assets are safeguarded against loss from unauthorized use or disposition, and that the financial records are reliable for preparing consolidated financial statements and maintaining accountability for assets."

distress relevance: 0.57 market specificity: 0.40 score: 0.331 mda

anchor: material weakness in internal control over financial reporting

"Our fixed-income investments are exposed to interest rate risk and credit risk."

distress relevance: 0.62 market specificity: 0.33 score: 0.329 mda

anchor: asset-liability mismatch exposes us to significant interest rate risk

"If we have plans to sell the security or it is more likely than not that we will be required to sell the security before recovery, then a decline in fair value below cost is recorded as an impairment charge in other income (expense), net and a new cost basis in the investment is established."

distress relevance: 0.59 market specificity: 0.36 score: 0.329 mda

anchor: material impairment charges on our investment portfolio

"Once an investment is determined to be impaired, an impairment charge is recorded in other income (expense), net."

distress relevance: 0.69 market specificity: 0.24 score: 0.323 mda

anchor: material impairment charges on our investment portfolio

"Net recognized losses on investments increased primarily due to higher equity impairments and lower gains on equity investments."

distress relevance: 0.61 market specificity: 0.25 score: 0.292 mda

anchor: significant unrealized losses that would be realized if we sold securities

"Impairment of Investment Securities We review debt investments quarterly for credit losses and impairment."

distress relevance: 0.61 market specificity: 0.37 score: 0.342 mda

anchor: material impairment charges on our investment portfolio

"The Company designs and maintains accounting and internal control systems to provide reasonable assurance at reasonable cost that assets are safeguarded against loss from unauthorized use or disposition, and that the financial records are reliable for preparing consolidated financial statements and maintaining accountability for assets."

distress relevance: 0.57 market specificity: 0.41 score: 0.338 mda

anchor: material weakness in internal control over financial reporting

"If we have plans to sell the security or it is more likely than not that we will be required to sell the security before recovery, then a decline in fair value below cost is recorded as an impairment charge in other income (expense), net and a new cost basis in the investment is established."

distress relevance: 0.59 market specificity: 0.36 score: 0.329 mda

anchor: material impairment charges on our investment portfolio

"Our fixed-income investments are exposed to interest rate risk and credit risk."

distress relevance: 0.62 market specificity: 0.33 score: 0.329 mda

anchor: asset-liability mismatch exposes us to significant interest rate risk

"Once an investment is determined to be impaired, an impairment charge is recorded in other income (expense), net."

distress relevance: 0.69 market specificity: 0.26 score: 0.329 mda

anchor: material impairment charges on our investment portfolio