1.

Record Nr.

UNINA9910830565803321

Autore

Christy George C. <1943->

Titolo

Free cash flow [[electronic resource] ] : seeing through the accounting fog machine to find great stocks / / George C. Christy

Pubbl/distr/stampa

Hoboken, N.J., : Wiley, c2009

ISBN

1-282-68542-2

9786612685422

1-118-26684-6

0-470-43809-6

Descrizione fisica

1 online resource (208 p.)

Collana

[Wiley finance]

Disciplina

332.63/22

332.6322

Soggetti

Cash flow

Cash management

Corporations - Cash position

Investment analysis

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Series from jacket.

Nota di bibliografia

Includes bibliographical references (p. 168-173) and index.

Nota di contenuto

FREE CASH FLOW: Seeing Through the Accounting Fog Machine to Find Great Stocks; Contents; Foreword; Preface; Chapter 1: Investing 101; Chapter 2: The Accounting Fog Machine; Chapter 3: Free Cash Flow; Chapter 4: The Free Cash Flow Statement; Chapter 5: Free Cash Flow Deployment; Chapter 6: The Free Cash Flow Worksheet; Chapter 7: Six Companies; Chapter 8: The CEO and Investor Return; Chapter 9: Finding Great Stocks; Appendix A: Equations; Appendix B: McDonald's Income Statement; Appendix C: McDonald's Balance Sheet; Appendix D: McDonald's ROIIC and Weighting

Appendix E: McDonald's ROIIC CalculationsAppendix F: Recommended Reading; Notes; Acknowledgments; About the Author; About the Web Site; Index

Sommario/riassunto

The purpose of this book is to explain Free Cash Flow and how to use it to increase investor return. The author explains the differences between Free Cash Flow and GAAP earnings and lays out the disadvantages of GAAP EPS as well as the advantages of Free Cash Flow.



After taking the reader step-by-step through the author's Free Cash Flow statement, the book illustrates with formulas how each of the four deployments of Free Cash Flow can enhance or diminish shareholder return. The book applies the conceptual building blocks of Free Cash Flow and investor return to an actual company: McDonald's.