Remove Balance Sheet Remove Cash Flow Remove Marketing
article thumbnail

Mergers & Acquisitions: Valuation

Tom Spencer

Building on information provided in Management Consulting: A Guide to the Profession , I highlight three approaches that a consultant can use when performing a valuation: Balance sheet valuation; Market based valuation; and. Valuation of discounted expected future cash flows.

Cash Flow 109
article thumbnail

Coronavirus & Consulting Offers

Tom Spencer

The travel and hospitality industries have been decimated, stock markets around the world have tanked, and governments struggle to combat this devil on so many fronts. If the firms don’t have a strong balance sheet, if they foresee a potential cash flow problem, or if they have clients in particularly hard hit industries, I’d be concerned.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market.

Cash Flow 130
article thumbnail

Equity Research: Understanding the Role of Stock Analysts

Tom Spencer

This includes analyzing a company’s financial statements, such as its income statement, balance sheet, and cash flow statement. An equity researcher also conducts industry research to understand the broader economic and market conditions that may affect a company’s performance.

article thumbnail

How Companies Can Use Investors to Their Advantage

Harvard Business

He asked one former major investor for a reaction to the company’s prediction (accompanying poor quarterly results): “that the [current] market contraction will bottom out soon and our profits will improve.” ” The company took note and duly committed to reducing costs at a rate exceeding market contraction.

Company 104
article thumbnail

BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

The BIS slam, coupled with a recent stock market selloff, brought up debate on a " controlled collapse ". Over the past few years, non-financial corporations in a number of EMEs have borrowed heavily through their foreign affiliates in the capital markets, with the debt denominated mainly in foreign currency.

article thumbnail

2008 Financial Crisis – Causes and historical context

Tom Spencer

The senior slices of a CDO were considered to be safer because they had first priority on cash flows received from the pool of mortgages in the event of default. Once the housing market began to collapse, mortgages defaulted, and MBS began to fail. These repackaged securities were called collateralized debt obligations (CDOs).