Corpus coverage

319,975 slides

319,974 are described (100%), so the treemap can explain the corpus instead of just counting files.

Total slides
319,975
Described
319,974
Pending
1

Slide type composition

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Slide type

Showing 319,974 described slides — 100.0% of 319,975 rendered pages

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Slide collection

125,341-125,400 of 319,975

filter-aware
22
The slide uses red text to highlight negative growth metrics, emphasizing the 'troubles' thesis.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
23
The slide uses a screenshot of a company's previous presentation to expose that they have stopped reporting data that now contradicts their narrative.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
24
Uses a 'before-after' comparison to highlight a specific strategic omission.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
25
The slide uses a visual comparison to highlight a change in guidance methodology.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
26
The slide uses a table to show historical data points and quotes to highlight the shifting definitions.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
27
The table highlights a shift from high deal velocity (2000-2014) to low velocity (2021-2022).Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
28
The slide uses a table to document a pattern of failed or delayed acquisitions, specifically highlighting community opposition and regulatory hurdles.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
29
Includes a screenshot of a legal document and a community activist website.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
30
The slide uses a Q&A format to provide qualitative evidence from industry insiders.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
31
The slide uses two charts to show the growth of debt and cumulative capital raised over time.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The StruggleLoop · Iceberg1 hit
32
The slide uses a dual-callout structure to point out specific trends in the cumulative line chart.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The StruggleLoop · Iceberg1 hit
33
The slide uses a comparison table to show peer differentiation and a financial table to show the impact of book overdrafts on net cash.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The StruggleLoop · Iceberg1 hit
34
Uses direct quotes from company filings and conference calls to expose the gap between guidance and reality.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
35
Uses a 'before-after' style comparison of the start date (2019) vs. expected closing date (2023) to demonstrate inefficiency.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
36
The slide uses a combination of quantitative data (table) and qualitative evidence (interview quote) to expose the negative impact of the company's rate-setting strategy.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
37
Uses a screenshot of an email and a proposal summary to provide evidence of the claim.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
38
Includes a screenshot of an email request and a data table showing 2018-2020 metrics.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
39
Uses a red box to highlight the lack of growth between the acquisition announcement and current data.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
40
The slide highlights the loss of WTRG's local advantage due to increased market competition.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
41
The slide uses a table to show the trend of short-term debt vs total debt over time, culminating in a callout arrow emphasizing the trend.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
42
Uses a table to demonstrate the impact of reclassifying book overdrafts on OCF margins.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
43
Uses screenshots of SEC filings to highlight the discrepancy.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
44
The slide uses a combination of narrative text (company's own disclosures) and a table of specific executive departures to build a case for management instability.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
45
The slide uses a Spruce Point Capital Management logo (the tree) as a visual anchor.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
46
The slide uses a table from a regulatory audit to undermine the acquisition thesis.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
47
Uses direct quotes from SEC filings to expose business risks.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
48
Uses quotes from earnings calls and external weather data to build a case for management obfuscation.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
49
Uses a before-after comparison of growth projections to highlight a discrepancy in company guidance.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
50
The slide uses red highlighting to call out specific data points that the author claims are inconsistent or problematic.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
51
The slide uses a combination of a financial table and a bar chart to highlight the outlier status of WTRG's bad debt reserves.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
52
The slide uses a red callout box to emphasize the severity of the audit findings.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
53
The slide uses direct excerpts from 10-K filings to contrast the testing methodologies used in consecutive years.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
54
The slide uses red boxes and arrows to highlight specific text changes in SEC filings.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
55
The slide highlights a specific accounting disclosure from WTRG's 2022 10-K, calling out questionable assumptions with red underlines and a critical callout box.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
56
Uses a red line to visually connect the new risk factor in the 2022 list to the highlighted text above.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
57
Essential Utilities, Inc. (WTRG)Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
58
The slide uses a yellow arrow graphic at the bottom to visually emphasize the trend of declining earnings quality.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
59
Uses highlighting to draw attention to the specific change in reporting language ('including' vs 'net of').Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
60
The slide uses a timeline-like structure to show the evolution of terminology used by management.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
61
Uses red arrows and boxes to highlight discrepancies between reported connection counts and acquisition press releases.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
62
Uses visual callouts and red boxes to highlight the contradiction between 1,422 reported customers and 711 actual customers.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
63
Uses a waterfall chart to visualize the revenue bridge and highlights specific data points in red to emphasize the contradiction.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
64
Uses a table to contrast volume growth against revenue contribution, pointing to a price chart as evidence of the anomaly.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
65
Includes a specific callout regarding a PUC audit report and a visual question mark highlighting the anomaly.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
66
The slide uses a red highlight for WTRG's column in the table to emphasize the contrast with peers.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
67
Uses a quote-based contradiction technique to imply management obfuscation.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
68
Uses a metaphor to describe a Ponzi-like capital structure.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Loop · Cost Of Inaction1 hit
69
The slide uses a 'before-after' style comparison of historical company statements against the activist's critique.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Loop · Cost Of Inaction1 hit
70
Uses a flow-chart style to imply a Ponzi-like structure.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Loop · Cost Of Inaction1 hit
71
The slide uses a cumulative performance chart and a growth table to highlight the widening gap between cash flow and dividend obligations.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
72
Uses a side-by-side comparison of legal risk factor text to expose a shift in financial dependency.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
73
The slide uses a dual-axis chart to show the decline in DRIP participation alongside the number of shareholders.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
74
The slide presents an expert opinion to challenge the sustainability of the dividend.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
75
The slide uses a spruce tree logo, which is the branding for Spruce Point Capital Management.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
76
The slide uses a red border to highlight the core thesis and a two-column layout to contrast the director's biography with the allegations against his former firm.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
77
Uses a specific email excerpt to frame the board's actions as hypocritical.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
78
The slide uses a side-by-side comparison of financial tables to expose the 'two sets of earnings' narrative.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
79
Uses red boxes to draw attention to the discrepancy between 'Target' and 'Actual' performance metrics.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
80
Uses a side-by-side comparison to highlight a failure to act on governance recommendations.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
81
Uses a side-by-side comparison to highlight the discrepancy between corporate claims and candidate experience.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Victory1 hit