Hints and tips:
Related Special Reports
...He added: “If you’re growing at the pace that we are, then the P&L does manifest itself in cash requirements.” Sales at Interpath’s advisory business climbed to £26.9mn, up from £2.8mn a year earlier....
...That compares to a yield of roughly 9.15 per cent on the average single B rated US corporate bond, ICE bond index data shows....
...This is roughly comparable to average default rates observed in companies that receive a B credit rating from S&P (3.4 per cent) and a B3 from Moody’s (4 per cent)....
...Goldman estimates that the median short interest in S&P 500 companies is still remarkably low at 1.7 per cent, but is up from 1.5 per cent at the end of 2021....
...But what’s most entertaining is that the government goes ahead and shows the professor’s ongoing work calculating Alameda’s historical balances with FTX — basically the firm’s net P&L — from last year:...
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...Heavily indebted H&W has posted operating losses annually for the past decade, according to S&P Capital IQ, and was bought out of receivership in 2019....
...Since 1990, missing the 30 best days of the S&P 500 cuts your compound returns in half....
...We est. the value of the Services LOB (est. 1/4 of core revenues) at about 4/5 of Citi’s market cap ($75B vs $99B as of Dec. 29, 2023) assuming a P/E of 12-13x on 2024E earnings of $6B....
...As Bolgona puts it: From a high level, relative to electing to account for loans at amortised cost, electing the fair value option provides a P&L tailwind during periods of loan growth due to recognising...
...Other bonds with triple C ratings were issued by cyber security groups McAfee, Cloud Software Group and healthcare services company LifePoint Health....
...“PE compensation is predominantly derived from the P&L of the firm — which is based on the management fee of the fund, and this is locked in for the life of the fund,” said Tom Thackeray, a partner at Heidrick...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Traders are marking a riskier £250mn “class B” bond at little over 60 pence in the pound....
...Weakest links pertain to companies rated “B minus” and lower with negative outlooks....
...If this number were below $5bn Lyft would have a 6 per cent margin, ceteris paribus, though ceteris paribus really isn’t how P&L statements work....
...Companies rated single B and below have about $1.1tn maturing between 2024 and 2028....
...Looks like S&P Ratings doesn’t find “attestations” especially convincing, either....
...Are we going to see that trickle down or flow through to midstream operators, and service companies?” (Myles McCormick and Amanda Chu) 3....
...“The companies we support tend to be hardware-focused, climate-tech and energy transition start-ups, usually at the pre-seed through series A or B funding rounds,” says Julia Travaglini, a senior vice-president...
...P&W remains the most obvious partner, according to analysts....
...The downgrade from double B plus, S&P’s highest non-investment grade, to double B came after SoftBank’s tech-heavy Vision Funds this month posted record annual investment losses of $39bn....
...“They’ve been burning cash throughout the last year or so,” said Oliver Vande Stouwe, an analyst at S&P....
...Online-only competitors can sell at cheaper prices than a company with a large retail estate....
International Edition