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2MuchDebt

2MuchDebt
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  • Amazon beats estimates, guides in-line [View news story]
    EBITDA is a good measure of operational earnings power. Say what you will, but the Company's operations are earning more money. The numbers are publicly available so I'm not sure what I'm missing. Capex is discretionary. Yes, operating cash flow was negative for Q1 2015, but it improved by $1 billion over Q1 2014 and cash grew from 3/31/14 to 3/31/15 by $5.2 billion! On a TTM basis operating cash flow improved by $2.5 billion. Positive trends AND making money. If you factor in capex, Q1 2015's cash flow actually improved by more, $1.2 billion, when compared to Q1 2014 as capex declined in Q1 2015 compared to Q1 2014. Payables decline significantly each Q1. You can't look at working capital in one quarter. You need to look at it over a cycle (like 1 year). TTM and quarterly trends are up! I won't argue with you on this anymore because, again, each cash flow metric is moving in the right direction (even the one which you should be looking at - EBITDA). Everything is available at the SEC.gov website. Dig in. Take care and happy investing.
    Apr 24, 2015. 08:41 AM | 1 Like Like |Link to Comment
  • Amazon beats estimates, guides in-line [View news story]
    @staux: 2MuchBS? Interesting twist on my username. Not really sure what I did to cause that.

    I was merely pointing out that net income is very inadequate as a cash flow figure as some people on this thread said Amazon lost money. EBITDA is a much better number. Free cash flow and operating cash flow up huge on a TTM basis over prior year comparable so what am I missing? And yes, typically capex, taxes and dividends are subtracted from EBITDA to get Available Cash Flow, which is one of the best cash flow figures, however I believe you missed the point of my argument. Any cash flow figure you look at has improved. The market tends to agree with me as AMZN is up 12.50% premarket right now (8:02am ET).
    Apr 24, 2015. 08:00 AM | Likes Like |Link to Comment
  • Amazon beats estimates, guides in-line [View news story]
    EBITDA is a much better cash flow figure than net income, a GAAP based accounting number. Depreciation and Amortization (non-cash) was $416 million higher in Q1 2015 than Q1 2014. Stock-based compensation expense (non-cash) was $86 million higher in Q1 2015 than Q1 2014. Those two figures when added back to net income add $502 million more to Amazon's quarterly cash figure for Q1 2015. Pure EBITDA (net income + interest + income taxes + depreciation and amortization) was up $322 million from Q1 2014 to Q1 2015. They are in fact earning more money; not losing money.
    Apr 23, 2015. 10:04 PM | 1 Like Like |Link to Comment
  • Amazon beats estimates, guides in-line [View news story]
    Sales up big, gross profit % up big, operating income up for Q1 2015 compared to Q1 2014. That's what the message should be from this earnings. Operating expense increase in "Technology and Content" and "Fulfillment", but not enough to offset the rise in sales and margin. Tech and Content can be managed down if need be. I'm not justifying the valuation, but this report is a step in the right direction. TTM free cash flow up $1.7 billion for the period ended 3/31/15 from 3/31/14. TTM operating cash flow up $2.5 billion over same period.
    Apr 23, 2015. 04:34 PM | 2 Likes Like |Link to Comment
  • Amazon beats estimates, guides in-line [View news story]
    It's up now (about 2%)
    Apr 23, 2015. 04:24 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Where's The Value These Days? [View article]
    SA: Thank you for adding the daily Key Earnings section on the Wall Street Breakfast page. Very helpful!
    Apr 23, 2015. 09:20 AM | 1 Like Like |Link to Comment
  • Netflix in high gear in front of earnings [View news story]
    Up 13% in after hour trading to $537/share
    Apr 15, 2015. 04:42 PM | 1 Like Like |Link to Comment
  • EIA: U.S. crude output to soar till 2020 [View news story]
    @physdude: I was thinking exactly the same thing as I read the news clip.
    Apr 15, 2015. 08:52 AM | Likes Like |Link to Comment
  • Crude-by-rail shipments slowing on safety concerns, weak crude prices [View news story]
    I agree that statement is confusing, however it was a statement from a BNSF spokesman, not seekingalpha. From the WSJ article: "BNSF Railway Co., which is responsible for about 70% of U.S. oil-train traffic, operated as many as 10 trains a day last year, but is averaging nine a day now, a spokesman said."

    http://on.wsj.com/1O3NVlw
    Apr 7, 2015. 11:42 AM | Likes Like |Link to Comment
  • Fixed-income on the mind of new SSgA head [View news story]
    I believe there is a typo in the first bullet point: it should read $1.5 trillion (not billion). Thanks for the story.
    Apr 6, 2015. 01:20 PM | Likes Like |Link to Comment
  • Apple sets Watch prices; pre-orders start on April 10 [View news story]
    ballsdeepinapple, eh?! Nice username.
    Mar 9, 2015. 08:30 PM | 2 Likes Like |Link to Comment
  • Apple sets Watch prices; pre-orders start on April 10 [View news story]
    Haha. Too funny @tstreet
    Mar 9, 2015. 08:23 PM | Likes Like |Link to Comment
  • Apple sets Watch prices; pre-orders start on April 10 [View news story]
    Maybe it will be a hit and a huge success, Rebecca, but just because Apple makes it doesn't mean it absolutely has to be a hit or that everyone wants to buy one or that it's cool or that it's incredibly useful. More people will consider it for purchase, that's for sure, as Apple has a large user base but people can choose for themselves whether they want one or not (at least I hope so!). Apple has an advantage with its large cash coffers and talented personnel, but you're assuming they can't ever go wrong in decision making, which in itself is a mistake. Clearly some people are not in favor of purchasing an Apple Watch.
    Mar 9, 2015. 05:27 PM | 2 Likes Like |Link to Comment
  • Apple sets Watch prices; pre-orders start on April 10 [View news story]
    I agree, chintan1671. I'm an Apple user and I won't be buying this.
    Mar 9, 2015. 05:06 PM | 4 Likes Like |Link to Comment
  • Another beat for payrolls, UE rate down to 5.5% [View news story]
    Okay. Can you please then offer an alternative as to where these teenagers are being hired (86k) since you have disagreed with or omitted comment on everything I have said?
    Mar 6, 2015. 10:10 AM | 1 Like Like |Link to Comment
COMMENTS STATS
249 Comments
363 Likes