Show your support by donating any amount. (Note: We are still technically a for-profit company, so your
contribution is not tax-deductible.)
PayPal Acct: 
Feedback: 
Donate to VoyForums (PayPal):
| [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, [6], 7, 8, 9, 10 ] |
| Subject: ERG/improve free cash flow eliminate 247m non current liability 18.87mcurrent liability-restructure. | |
|
Author: anonymous |
[
Next Thread |
Previous Thread |
Next Message |
Previous Message
]
Date Posted: 18:33:38 12/04/02 Wed In reply to: anonymous 's message, "Some pricing analysis 5/12---vwap at approximately 1pm is 10.67 higher than 10.26 (yesterday)" on 18:14:04 12/04/02 Wed ERG to improve free cash flow by eliminating 247 million in non current liabilities and 18.87 million in current liabilities--under the proposed restructure to be received considered for ratification at EGM in New Year03. ------------------------------------------------------------ From the Redback Mining forum---definition of free cash flow. ------------------------------------------------------------ http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5210701&tableid=1 ------------------------------------------------------------ http://moneycentral.msn.com/investor/glossary/glossary.asp?TermID=65 ------------------------------------------------------------ Free Cash Flow ------------------------------------------------------------ This is cash flow from operations minus capital expenditures minus cash dividends paid -- at least in the view of some analysts. The truth is that opinions differ about what constitutes ""free"" cash flow and how -- or whether -- it differs from conventional cash flow. The premise behind backing out capital expenditures and dividends is that these are optional and therefore should be set aside to see how much income a company is really generating. The dividend could always be suspended, after all, and even capital intensive firms can usually limp along for awhile on reduced capital outlays. The goal is the same as with cash flow: to look behind the smoke and mirrors sometimes associated with net income. ------------------------------------------------------------ Cash Flow ------------------------------------------------------------ Net income minus preferred dividends plus depreciation (as given in the income statement). Generally speaking, cash flow is the best measure of a company's profits, and is usually calculated by adding depreciation and any other non-cash charges to earnings after taxes. Investors look to cash flow for several reasons: because firms have accounting leeway when it comes to reporting net income; because depreciation charges, while substantial in many industries, aren't genuine bills that have to be paid; and because cash flow is the key to a company's ability to pay dividends, cover debts and so forth. Thus, some analysts focus on the ratio of price to cash flow rather than the traditional price/earnings (P/E) measure. Cash flow is especially useful in assessing firms in capital intensive industries -- cable TV, for instance -- in which huge depreciation charges can hide healthy profits. ------------------------------------------------------------ [ Next Thread | Previous Thread | Next Message | Previous Message ] |