M&A Blog #05 – capital structure (Part II – acquisition impact on capital structure)
What is the impact of M&A and its financing on the company’s capital structure? Read more about this topic in this post.
Read MoreM&A Blog #04 – capital structure (Part I - debt and equity overview)
In this post, we will walk through an overview of capital structure (debt and equity).
Read MoreM&A Blog #03 – types of acquirers and the ways they create acquisition value
How do acquirers create value after acquisitions? It depends on who they are. Learn more here.
Read MoreM&A Blog #02 – success / failure, metrics, drivers, and ties to corporate strategy
M&A successes and failures - how should we define them? What metrics should we use to gauge them? What drives them and why should they be tied to corporate strategies? We will walk through all of these questions in this post.
Read MoreM&A Blog #01 – definitions, myths, and types
There are a lot of M&A myths out there. We will walk through some of the most popular ones in this post.
Read MoreFinancial Statement Analysis Blog #11 – investment decision making
How should we decide if we should invest in a company’s stock? This financial statement analysis post will show us what we can do to identify good or bad companies.
Read MoreFinancial Statement Analysis Blog #10 – earnings quality per Piotroski Score
How can we gauge the health (quality) of a company’s earnings? Or the existence of earnings manipulations. Piotrosky’s score is a good gauge. We will walk through the process of calculating it in this post.
Read MoreFinancial Statement Analysis Blog #9 – earnings quality per Beineish Score
How can we gauge the health (quality) of a company’s earnings? Or the existence of earnings manipulation? Beneish’s score is another good gauge. We will walk through the process of calculating it in this post.
Read MoreFinancial Statement Analysis Blog #8 – accruals in reporting
What is an accrual? And why is it important in financial reporting? Learn more here.
Read MoreFinancial Statement Analysis Blog #7 – segment & capital allocation analyses
An investor should have confidence that the stocks that s/he invests in are backed by strong management teams who makes the right decision for the companies. One way to tease this out is by performing a segment- and capital-allocation analysis. In this post, we will review how.
Read MoreFinancial Statement Analysis Blog #6 – capital structure analysis
Why should a company’s capital structure matters to an acquirer or an investor? Learn more here.
Read MoreFinancial Statement Analysis Blog #5 – asset base composition analysis
As an investor, we should want to see growth in the companies whose stocks we are investing in. Growth = increase in stock price = higher return for us. But how can we tell if a company’s management is pouring in profits back into the company to drive higher growth, versus spending lavishly on company perks and indulging in higher pays? An asset base analysis can help investors suss it out. Learn more about this cool technique here.
Read MoreFinancial Statement Analysis Blog #4 – Dupont analysis
How can an investor tell if the companies s/he is considering to invest in had made sound investment decision themselves? In simpler words, how can we tell if a company has used its assets properly so that they generate a good return on investment? The Dupont analysis is our answer here and we will walk through this technique here.
Read MoreFinancial Statement Analysis Blog #3 – in the context of a company’s strategy, execution, governance, social responsibility, and ethics
Any business - especially financial - discussions about a company should start with a broader overview of the company. In this post, we will walk through a company analysis - as a tool for investors and acquirers alike.
Read MoreFinancial Statement Analysis Blog #2 – in the context of a company’s industry
Industry Analysis - what is it and how can it help in acquisitions and investments? Learn more about it here.
Read MoreFinancial Statement Analysis Blog #1 – why, what, how?
Financial Statement Analysis - what is it? why is important? how should it be done. In this post, we will answer all of those questions.
Read MoreCash Flow Analysis Blog #5 – FCFF, FCFE, and ratios
Free Cash Flow to Firm. Free Cash Flow to Equity. What are these and why should we care? Also, why do ratios matter in analyzing a company’s financial performance? We will answer those questions and more in this post.
Read MoreCash Flow Analysis Blog #4 – net income & trend analysis
In this post, we will continue our cash flow discussions with net income and trend analyses.
Read MoreCash Flow Analysis Blog #3 – cash flow determinants & significance
Cash is king. So are all the determinants of cash flow in a company? And what significance should we assigned to each of those determinants? Read more about them here.
Read MoreCash Flow Analysis Blog #2 – cash flow patterns
How can we use a company’s cash flow pattern to validate where it is in its growth maturity cycle and if it is on the path to success or not? The cash flow pattern analysis we’ll walk through in this post will answer those questions.
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