Sentences with phrase «off balance sheet assets»

Our valuation methodology has a three pronged approach: free cash flow (earnings before interest, taxes, depreciation and amortization, or EBITDA, minus the capital expenditures necessary to grow the business); earnings per share trends; and private market value (PMV), which encompasses on and off balance sheet assets and liabilities.

Don't you think it's quite random to value ASFI @ exactly 1x BV since the company has significant off balance sheet assets?

Not exact matches

The knee - jerk reaction when a company wants to pretty up its balance sheet is, often, to sell off expensive non-core assets.

We make several adjustments to get from reported net assets to invested capital because companies can hide assets and liabilities off of the balance sheet in the form of reserves, operating leases, deferred compensation, and many other techniques.

Businesses can hide both assets and liabilities off the balance sheet so that they are not reflected in accounting book value.

Working in the same direction is the efforts by banks to economise on the use of capital by moving assets off balance sheet through securitisation.

The plans should «make appropriate assumptions as to the valuations of assets and off - balance sheet positions,» the documents said.

This includes things like special - purpose vehicles (SPVs) created by banks to take assets off their balance sheet and fund them using asset - backed commercial paper (ABCP).

For broader market analysis on accounting rule manipulations, see my exhaustive reports on corporate disclosure transgressions, off balance - sheet debt, assets write - offs and hidden income and expenses.

That statement would clearly be more reassuring to Americans had not the largest bank in the U.S. in 2008, Citigroup, blown itself up while lying to the public and its shareholders about its exposure to subprime debt and holding more than $ 1 trillion in assets off its balance sheet.

meanwhile the fed supposedly will roll 420billion in assets off its balance sheet.

As banks get these assets off their balance sheet, they can recycle their capital and lend to new projects in the riskier development phase to facilitate the building of new renewable energy assets.

Getting assets off the balance sheets of banks is particularly attractive in the current economic climate, as banks are restricting their lending due to stricter regulation.

The Chinese shadow banking system is now a well - known financial Frankenstein, with multiple asset management companies, wealth management products and other off - balance sheet entities providing around half the country's credit volume.

Are most of these off - balance sheets assets mortgage backed securities and other hard - to - value bonds?

Broadly, the reform called on banks to fortify their balance sheets through recapitalization, writing on / off underperforming liabilities and assets, and indiscriminately reducing «risky» underwriting behavior.

5 — According to the Financial Times: «Analysts at Citigroup said a planned tightening of the rules regarding off - balance sheet vehicles would force banks to reconsider arrangements and could result in up to $ 5,000 bn of assets coming back on to the books.

The off - balance sheet vehicles have been used by financial institutions to keep some assets off their balance sheets, thereby avoiding the need to hold regulatory capital against them.»

Asset - backed securities can also help improve the provision of credit by taking loans off of banks» balance sheets, freeing them up to lend more.

Five Star Quality Care (FVE) had the highest ratio of off - balance sheet debt to total assets in 2012.

The financial regulatory system operates de facto on a national basis monitoring major financial institutions operating within the national territory, deciding on detailed rules and interpretations governing inter alia the definition of riskiness of assets, the computation of capital, on and off balance sheet items and so on; it also in principle takes a view of the systemic risks which may arise within the national financial system.

This number compares the market value of a company to how much cash you could raise by selling off the company's assets (at balance - sheet prices) and paying off the firm's debts.

And, from a theoretical standpoint, it measures the same thing, except that it is an asset measure, and that M3 incorporated repos and eurodollars, which I think are off the balance sheet for accounting purposes, but should be considered for economic purposes.

«We also look for hidden assets on the balance sheet, or smaller divisions that could be sold off,» says DeVaul.

This ratio compares a firm's market value to the amount of money that could be theoretically raised by selling off its assets (at their balance - sheet values) and paying off its debts.

If rates increase, their balance sheet improves as the make additional income off of premiums invested in treasuries and income producing assets.

The company enjoys an exceptionally strong financial position as measured by an absence of liabilities, whether on balance sheet, in footnotes, or off balance sheet; and as measured by the company's ownership, or control, of high quality assets.

This number compares a firm's market value to how much money could be raised by selling off its assets (at its balance - sheet values) and paying off its debts.

It allowed banks to do more business, while keeping it off of their balance sheets, thus maximizing their returns on assets and equity.

After a bank writes off a bad debt, they get to remove it from their balance sheets — and report «a reduction in the value of an asset or earnings by the amount of an expense or loss».

In 2015, the CFPB expanded the definition of a «small creditor» that automatically enjoys QM designation, providing the exemption for lenders with less than $ 2 billion in assets that make no more than 2,000 off - balance - sheet loans, up from 500 loans.

This ratio compares a firm's market value to the amount of money that could be theoretically raised by selling its assets (at their balance - sheet values) and paying off its debts.

Otherwise I am building a IFT position, more hairy for sure, but I looked at the valuations and the off - balance sheet enormous assets (info not easily found).

I guess there were some advantages, though; 1) Mass Financial gets its shares listed on a US exchange without going through the usual rigmarole, and 2) Mass Financial doesn't have to put up funds to purchase the Wabash mineral royalty assets — instead they get both the royalty assets and a lot of cash (not only the cash on TTT's balance sheet at the time of the split - off of the industrial services division in March but also the $ 50 million raised by the recent rights offering) for being taken over.

This number compares the market value of a company to how much cash you could raise by selling off the company's assets (at their balance sheet prices) and paying off the firm's debts.

This balance sheet de-risking was basically completed with the spin - off of most of FBD's remaining property / leisure assets into a JV, and the elimination of all debt, in Aug - 2011.

We measure PMV by scrutinizing on - and off - balance sheet assets and liabilities and free cash flow.

The bank just works off the unfavorable assets on its balance sheet and the market returns to its normal valuation of BAC at 1.6 to 2x book value.

Many of these assets must be sold off or run down as firms try to improve their balance sheets to meet new regulatory capital requirements.

For instance, companies were able to report net pension assets on their balance sheets even when their pension plans were in serious deficit.This led to situations where analysts and investors weren't including off - balance sheet liabilities in share - price valuation.

In my posts about Enron, I discussed their «trick» — in order to avoid reporting business losses, losses which would have punctured the mirage and prevented them from raising fresh money to keep the scheme alive — they sold worthless assets to off balance sheet limited partnerships with complicated guarantees.

Deploying smart contracts and powered by the tokenization of assets, the BANKEX platform enables off - balance sheet crowdfunding and chain finance to function on existing infrastructure, creating novel and efficient solutions for banks and other financial institutions.

«The biggest incentive is the opportunity to monetize assets; take debt off the balance sheet; and improve various financial ratios,» said Jonathan Molin, president of New York - based U.S. Realty Advisors LLC.

Corporations in many industries are recognizing, and taking advantage of, the benefits of pushing real estate off their balance sheets and «monetizing» those assets, MacDonald says.

Receivers can stop a property from going into full foreclosure by keeping a clean balance sheet, negotiating a way to pay off the loan with the current owner and finding a purchaser to take the asset off the owner's hands.

«In an off - balance - sheet joint venture,» he continues, «where the venture leverages 70 % to 75 % in debt, and 75 % of the equity comes from my joint venture partner, I will generate a cash flow, redevelopment fees, asset management fees property management fees and other fees.

Corporations across industries are recognizing the advantages of pushing real estate off their balance sheets and «monetizing» those assets, MacDonald notes.

«It gives corporation's off balance sheet treatment, yet they retain significant flexibility with respect to how they occupy or dispose of the real estate asset,» McDowell says.

They also provide benefits in financial reporting, as the off - balance sheet nature of the transaction allows a company to show an improved return on assets and improved return on capital right away.

Today, REITs are looking for new strategies to achieve their growth objectives, including accessing private and public equity capital; using secured and unsecured debt; issuing preferred stock; pursuing off - balance - sheet joint ventures, strategic mergers, and consolidations; and acquiring core and noncore assets in the United States and overseas.