Sentences with phrase «valuations adjustments for»

Still to come are the end - of - year accrual adjustments, including the final estimates for tax revenues and valuations adjustments for assets and liabilities.

Not exact matches

The commercial property sector, for example, is part way through a difficult period of adjustment to valuation and leverage, even as parts of the mining sector are back to producing at full tilt to supply Chinese demand for resources.

This adjustment has historically been important, as adjusting for that embedded profit margin significantly improves the relationship between the CAPE and actual subsequent market returns (something we can demonstrate both with algebraic return estimates and regression models — see Margins, Multiples, and the Iron Law of Valuation).

The PRC sets ranges for the balanced asset mix and makes tactical adjustments based on bottom - up forecasted returns, relative valuations and an assessment of economic and market data.

For Asia / Emerging Markets equities, meanwhile, uncertainty over trade protectionism could drive valuation adjustment to the downside.

Our measures of market action are still broadly unfavorable, and allowing even the mildest adjustment for profit margins and the position of earnings in the economic cycle, valuations remain rich.

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.

Adjusted EBITDA and segment Adjusted EBITDA reflect adjustments for interest expense, net, income tax expense (benefit), depreciation and amortization, including accelerated depreciation, and the following adjustments discussed above: non-cash mark - to - market adjustments and cash settlements on interest rate swaps, provision for legal settlement, transaction costs and integration costs, restructuring and plant closure costs, assets held for sale, inventory valuation adjustments on acquired businesses, mark - to - market adjustments on commodity and foreign exchange hedges and foreign currency gains and losses on intercompany loans.

More importantly, for the societal view as well as for the entitative, the primordial nature is an adjustment of pure conceptual possibilities, so that although in the former view there is a temporality to its successive reconstitution, there is no temporality in its valuation.

As for me, this will give me a little help in making adjustments to earnings estimates as I try to think through valuation issues, and give me some rough idea as to whether the hockey stick that the sell side illustrates is worth considering or not, or to what degree.

In summary, while hedging has generally been advantageous for equity investing over the past 11 years, evidence from simple tests provides little support for a belief that John Hussman successfully times the stock market via hedging adjustments based on his assessments of market valuation and market action.

The speculative return is an adjustment for changes in valuations (e.g., P / E10).

Rob Bennett created the first retirement calculator that contains an adjustment for the valuation level that applies on the day the retirement begins.

I view FIRECalc as analytically invalid because it does not contain an adjustment for the stock valuation level that applies on the day the retirement begins.

The difference between the Old School SWR studies and the New School studies is that the New School studies contain an adjustment for the valuation level that applies on the day the retirement begins.

It is the first retirement calculator to include an adjustment for the valuation level that applies on the day the retirement begins.

I learned about the problem 14 years ago when I put up a post to a Motley Fool discussion board asking my fellow community members who were using a retirement calculator to plan their retirements whether the calculator should contain an adjustment for the valuation level that applied on the day the retirement was to begin.

I calculate total debt (of 5.5 B) would need to be reduced by about 39 %, to limit net interest to 15 % of Op FCF — therefore, we'll include a 2.1 B (negative) debt adjustment in our valuation, plus a 336 M adjustment for the net pension deficit.

With net interest expense now standing at about 15 % of operating profit, there's no need for any debt adjustment to my valuation, positive or negative.

The TLIs valuation reduces by about $ 1.3 mio to reflect 3 subsequent policy maturities, increases by $ 2.8 mio to reflect premiums, and we then solve for an estimated $ 2.9 mio of LE adjustments.

Juicy Excerpt: I knew that the safe withdrawal rate studies did not contain adjustments for the valuation level that applies on the day the retirement begins.

The stake's on Donegal's books at 23.8 M, and last valued by the court at 26.2 M — considering more recent deals, I'd hope / expect Donegal can successfully argue for a significantly higher valuation multiple, but obviously that will also depend on the evolution of MMM's EBITDA... They should also argue against what seemed like debatable adjustments to MMM's EV previously.

Those studies get the numbers that millions of people have used to plan their retirements wildly wrong because they do not include adjustments for the valuation level that applies on the day the retirements begin (because the authors of the studies believe in the Efficient Market Hypothesis!).

What makes the calculator a product of «New School» thinking is that it contains a valuation adjustment; that is, the SWR is different for retirements beginning at different valuation levels.

I have been arguing for some time now that the papers should report not only the DOW and S&P 500 numbers but also those same numbers after an adjustment for valuations is applied to them.

The error is that the studies do not contain an adjustment for the valuation level that applies on the day the retirement begins.

I explained that «the problem is the failure of most existing tools to include adjustments for changes in valuation levels for stocks,» and suggested an article on the topic.

Caution: I have not made any adjustments for today's valuations.

Buy - and - hold makes sense only when it includes adjustment for valuations.

The error in the studies is that they fail to include an adjustment for the valuations level that applies on the day the retirement begins.

For shorter periods (of 10 or 20 years), you must make adjustments for valuation changes in the Price to Dividend ratio (or dividend yield since the Price to Dividend ratio equals one divided by the dividend yielFor shorter periods (of 10 or 20 years), you must make adjustments for valuation changes in the Price to Dividend ratio (or dividend yield since the Price to Dividend ratio equals one divided by the dividend yielfor valuation changes in the Price to Dividend ratio (or dividend yield since the Price to Dividend ratio equals one divided by the dividend yield).

For Price / Book, I'll make two small adjustments to Equity: First, a mark - to - mark valuation of their 23.0 % holding in DiamondCorp (DCP: LN).

I consider my valuation multiple a reasonable compromise between higher sector multiples & the risk of a devastating client loss... Plus it allows me to (fairly) comfortably apply a (positive) debt adjustment: Based on the company's 4.7 M of (annualized) adjusted operating profit (& zero debt), management could easily draw down 14.2 M of debt for expansion, acquisitions, etc. — as usual, I'll haircut this by 50 %.

There can be significant variation, for example, in the positions taken by valuation professionals with regard to cap rates, discount rates, valuation methodologies, normalizing adjustments, as well as valuation premiums and discounts.

For lenders, the IVM approach creates a transparent report, providing not only the valuation but a view of the logic and underlying adequacy of the data supporting the valuation and adjustments, the company says.

The platform uses regression - based adjustments for location, time, and property characteristics, all while leveraging accurate automated valuation models (AVMs) and block - level valuation ranges to conduct automated checks of the final value.

While comparison analysis of local home sales is important, appraisers will usually make adjustments in valuation for differences between your home and the database of comparables.

Think of this as sort of a Marshall Valuation Services for Capitalization Rates where baseline numbers are first established and then adjustments are made to the quality / class and location.

Those instructions were to make appropriate adjustments for the impact on valuations, the flooding creates.