rd4sndk

Cash Mirages: S&P 500 Companies with Large Balances But Not So Visible Liabilities

How can you use CA - CL and not consider the average cash generated by operations? I could believe your matrix if it included not just the assets and liabilitie due this current year but it should also include the expected cashflow from operations due this current year. Those assets which where paid for by the companies liabilities where acquired under the presumption that they will generate earnings. It is from these earnings that the liabilities are funded. This is why many of us believe Apple and GE is insanely under valued.