Jeeps were essentially made
of sheet stock, cut out and left flat or wrapped in a single curve — see the hood of an original.
Not exact matches
He's a value investor, in other words, someone willing to dig through years
of balance
sheets to unearth the kind
of steady, underpriced
stocks he believes in.
«We expect the ECB to continue net asset purchases until around the third quarter
of 2018, while the Fed will likely begin reducing its
stock of quantitative easing assets early in 2018... These opposite moves mean that the ECB's balance
sheet could be around 20 percent larger than the Fed's by around end - 2018, assuming constant FX rates,» he noted.
But Fink thinks avoiding
stocks of companies with strong balance
sheets and growing dividends is a mistake.
Pardy expects we'll see a gradual shift out
of integrated oil companies and into riskier, more volatile exploration - and - development and oilfield services
stocks that can offer more upside, although he stresses that you can't lose sight
of the companies» balance
sheets.
Simply put, a deal that offers participating preferred
stock creates a lower implied valuation for your business than a plain vanilla term
sheet with no participation feature, because the investors will end up with a disporportionately higher piece
of the value created.
It's the combination
of cheap
stocks and clean balance
sheets that's making long - term investors salivate.
The company's
stock market value is down to just $ 1.1 billion — and that's with cash and marketable securities
of almost $ 700 million on its balance
sheet at the end
of 2017.
With such an enormous valuation gap and such a massive amount
of cash on the balance
sheet, we find it difficult to imagine why the board would not move more aggressively to buy back
stock by immediately announcing a $ 150 Billion tender offer (financed with debt or a mix
of debt and cash on the balance
sheet).
The two explain balance -
sheet basics to the new hires — and make it clear how the company's performance affects the price
of stock in the company's employee
stock ownership plan.
Cree considers free cash flow to be an operating performance and a liquidity measure that provides useful information to management and investors about the amount
of cash generated by the business after the purchases
of property and equipment, a portion
of which can then be used to, among other things, invest in Cree's business, make strategic acquisitions, strengthen the balance
sheet and repurchase
stock.
After retail giant Target revealed last Friday that some
of the so - called luxury
sheets originating from Indian textiles manufacturer Welspun were falsely labelled Egyptian cotton, Walmart (wmt) says it too is reviewing its
stock.
The two explain balance
sheet basics to the new hires — and make it clear how the company's performance affects the price
of stock in the company's employee
stock ownership plan.
Pinkerton's account
of Forbes» growth from «quaint, second - tier
stock tip
sheet» in the 1950s to capitalist bible to the faded publication it is today is gossipy in the extreme about Malcolm's extravagant lifestyle, Steve's ill - fated presidential campaigns, and the eventual dwindling
of the family's fortune.
As the impact
of new tax cuts circulates through corporate balance
sheets, businesses are getting an infusion
of cash, and much
of the windfall is going toward buying back
stock.
Moody's Daily Credit Risk Score is a 1 - 10 score
of a company's credit risk, based on an analysis
of the firm's balance
sheet and inputs from the
stock market.
3) BusinessWeek, 1979: «Few corporations can find buyers for their
stocks, forcing them to add debt to a point where balance
sheets seem permanently out
of whack.»
The following may be true
of a potential takeover: • the company has fewer than 50 million shares outstanding; • management is dominated by persons near retirement age; • management's record on innovations and improving returns has been poor; • the company owns assets whose market values are potentially higher than those shown on the balance
sheet; • outside investors have been steadily buying the
stock.
David Einhorn
of Greenlight has been lobbying Apple for the last year to issue such
stock as a way to reward shareholders and make better use
of the growing amount
of cash on its balance
sheet.
The June 30, 2015 unaudited pro forma consolidated balance
sheet data has been prepared assuming the conversion
of the convertible preferred
stock outstanding into 135,252,809 shares
of common
stock at the then effective conversion rate.
It expects to have net cash on its balance
sheet after its public debut by paying some debt off and swapping most
of the rest for
stock.
The robust balance
sheets of corporations help justify high
stock prices.
The September 30, 2015 unaudited pro forma consolidated balance
sheet data has been prepared assuming the conversion
of the convertible preferred
stock outstanding into 135,252,809 shares
of common
stock at the then effective conversion rate.
That means investors who though they were in cheap
stocks due to the P / B ratio come in for a nasty surprise when billions
of dollars get wiped off the balance
sheet.
That's why Andrew
Sheets, Chief Cross-Asset Strategist, expects further declines in UK, European and global economic growth, the value
of the British pound, and also UK and European
stocks.
Because the restricted shares are accounted for as options, the Notes are not recorded in the accompanying consolidated balance
sheets, the shares are excluded in the totals for common
stock outstanding as
of April 30, 2012 and 2013 and December 31, 2013, and compensation cost is recognized over the requisite service period with an offsetting credit to additional paid - in capital.
Jonathan Horton
of Perth - based «fund -
of - funds» NWQ points out that 2016 was notable because it delivered the lowest «price dispersion» between high - growth, high - quality
stocks and deep - value
stocks with lower quality balance
sheets.
Greenlight's David Einhorn has been lobbying Apple for the last year to issue a special class
of stock to reward shareholders and as a way to distribute the enormous pile
of cash Apple has on its balance
sheet.
The shareholders
of Citigroup who are still nursing
stock losses
of 85 percent from the bank's pre-crash days aren't going to be too comforted by reading about Rubin's musings about existentialism in coffee shops around Harvard when he should have been cramming for finance courses that might have led to his questioning the more than $ 1 trillion bucks that Citigroup held off its balance
sheet in the leadup to its crash.
In our opinion, the accompanying Consolidated Balance
Sheets and the related Consolidated Statements
of Operations, Comprehensive Income (Loss), Redeemable Convertible Preferred
Stock and Stockholders» Equity (Deficit), and Cash Flows present fairly, in all material respects, the financial position
of Fitbit, Inc. and its subsidiaries at December 31, 2013 and December 31, 2014, and the results
of their operations and their cash flows for each
of the three years in the period ended December 31, 2014 in conformity with accounting principles generally accepted in the United States
of America.
The pro forma consolidated balance
sheet data gives effect to (i) the automatic conversion
of all
of our outstanding shares
of convertible preferred
stock other than Series FP preferred
stock into shares
of Class B common
stock and the conversion
of Series FP preferred
stock into shares
of Class C common
stock in connection with our initial public offering, (ii)
stock - based compensation expense
of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as
of December 31, 2016 and which we will recognize on the effectiveness
of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital
of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value
of our common
stock as
of December 31, 2016, as we intend to issue shares
of Class A common
stock and Class B common
stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance
of 7.6 million shares
of Class A common
stock and 5.5 million shares
of Class B common
stock that will vest and be issued from the settlement
of such RSUs, (v) the issuance
of the CEO award, as described below, and (vi) the filing and effectiveness
of our amended and restated certificate
of incorporation which will be in effect on the completion
of this offering.
Low interest rates helped fuel the real estate and
stock market bubble by making the debt side
of the balance
sheet less expensive, creating a «wealth effect» as people came to believe that rising property and
stock - market prices would be able to pay off their obligations.
We believe earnings momentum, strong balance
sheets and economy - wide transformational forces
of innovation and disruption can help provide both cyclical and structural support for technology
stocks in 2018.
The economy would «borrow its way out
of debt,» re-inflating asset prices for real estate,
stocks and bonds so as to deter home foreclosures and the ensuing wipeout
of collateral on bank balance
sheets.
I emphasize the term «large - scale» because a central bank engages in asset purchases in the normal course
of business — that is how the central bank balance
sheet grows along with the economy and enables the distribution
of a growing
stock of bank notes.
The unaudited pro forma balance
sheet information gives effect to the conversion
of the convertible preferred
stock as
of December 31, 2016.
The joy
of bank
stocks: I don't have time to study every damn company's balance
sheets.
In our opinion, the accompanying consolidated balance
sheets and the related consolidated statements
of operations, redeemable non-controlling interest, redeemable convertible preferred
stock and stockholder's deficit and cash flows present fairly, in all material respects, the financial position
of Zipcar, Inc. and its subsidiaries (the «Company») at December 31, 2008 and 2009, and the results
of their operations and their cash flows for each
of the three years in the period ended December 31, 2009 in conformity with accounting principles generally accepted in the United States
of America.
In our opinion, the accompanying consolidated balance
sheets and the related consolidated statements
of operations, comprehensive loss, redeemable convertible preferred
stock, convertible preferred
stock and stockholders» deficit, and cash flows present fairly, in all material respects, the financial position
of Twitter, Inc. and its subsidiaries (the «Company») at December 31, 2012 and 2011, and the results
of their operations and their cash flows for each
of the three years in the period ended December 31, 2012 in conformity with accounting principles generally accepted in the United States
of America.
Someone can walk in and say I own 2 %
of the company and another 6 % in derivatives, I'm your owner, cut costs in half and R&D, lever up the balance
sheet, sell the
stock and let someone worry about the carcass.
You could have a view they'll cut costs, put another turn
of debt on the balance
sheet and buy back some
stock to get 20 - 25 % upside to earnings.
Annualized growth in the global
stock of gold vs. the annualized growth rate
of central bank balance
sheets since 2003.
Using monthly
stock returns and balance
sheet data for a broad sample
of U.S.
stocks and quarterly Berkshire Hathaway SEC Form 13F holdings during 1976 to 2011, along with open - end active mutual fund performance data during 1980 through 2009, they find that: Keep Reading
While the balance
sheet is a bit
of a concern here, this
stock appears to balance quality and value just like the company's product lineup.
A
stock buyback is basically a secondary offering in reverse — instead
of selling new shares
of stock to the public to put more cash on the corporate balance
sheet, a cash - rich company expends some
of its own funds on buying shares
of stock from the public.
Canfin's USD 2 billon balance
sheet has grown its loan book by 30 % annually and
stock price at 100 % (USD terms) every year in the last five years with a NPA
of just 0.2 %!
Within 5 or 6 hours, twenty
stocks selling at 2 or 3x earnings with strong balance
sheets were identified... The strategy was to buy the securities
of twenty companies thereby spreading the risk that some
of the companies will be run by crooks.
For example,
stocks of companies that generate superior profits, strong balance
sheets, and stable cash flows would be considered high - quality, and have tended to outperform the market over time.
The Series A Preferred shall also be convertible into any future series
of Preferred
Stock (the «Future Preferred») under either
of the following circumstances: (a) if such conversion is approved by the Board or (b) if such conversion is in connection with a future Preferred
Stock equity financing in which the Company's fully diluted pre-money valuation is greater than the Company's fully diluted post-money valuation immediately following the Series A Financing contemplated by this term
sheet (a «Future Financing»), in either case, on a one - for - one basis (subject to anti-dilution adjustment) at the option
of the holder; provided however, if such conversion is in connection with a Future Financing, that the holder may convert into shares
of Future Preferred only in the event that all
of such shares
of Future Preferred received by the holder upon conversion are sold to an Approved Investor (as defined below) no later than 90 days following the first closing
of the Future Financing at a price per share no lower than the price per share at which the Company sells shares
of such Future Preferred in the Future Financing and, provided further, that such Approved Investor is not an affiliate, family member, or related party
of the holder.
It is listed as
stock holder equity or owner's equity, on the balance
sheet of the company.