Martinka Consulting

NOVEMBER 8, 2014

I represent a lot of business buyers and often I hear something like the following, “I won’t pay more than X times cash flow” (or profit, or EBITDA – pick your term). or 4, times cash flow” won’t get the deal when the bank will lend that amount or more.

Cash Flow 40

Cash Flow Banking Groups Examples 40

MishTalk

DECEMBER 11, 2014

Energy production is extremely capital intense, and often accompanied by negative free cash flow. Energy investment added to GDP since 2010, with $550 billion in bond and loan offerings. percent notes, issued in December 2010, have tumbled to 64 cents on the dollar from 106.3 The Houston-based company’s $750 million of 9.25

Energy 78

Energy Marketing Benchmarking Cash Flow 78

Consultant Ninja

MARCH 4, 2009

The Company’s cash flows and results of operations have been adversely impacted by these factors as indicated by its net loss of $5.3 billion during the year ended December 31, 2008. " - United Airlines 2008 10-K, 2 March 2009. But a naked call would let a buyer capture the value of lower prices - no need to hedge against that.

Oliver Wyman 100

Oliver Wyman Airlines Consulting Management 100

MishTalk

AUGUST 7, 2013

” It’s worth observing that the 10-year Treasury yield is also well above the weighted average interest rate since 2010 (weighting by the quantity of Fed purchases), which means that the Fed is underwater on its holdings. 2010-03-12 - Mish with Marc Faber. 2010-02-12 Max Keiser. December 2010 (122).

Balance Sheet 75

Balance Sheet Marketing Real Estate Financial 75

Harvard Business

JULY 17, 2018

Since Immelt’s departure, GE’s stock is down another 30%, as its new CEO, John Flannery, has struggled to cope with the cash flow drain from years of problematic acquisitions, divestitures, and buybacks. Because of these dubious decisions, GE’s ratio of debt to earnings has soared from 1.5 in 2013 to 3.7

Cash Flow 28

Cash Flow Finance Financial Company 28

BCG

OCTOBER 26, 2016

Japanese companies’ average annual TSR of 14% in the five-year period from 2011 through 2015 is generated by extremely strong margin increases and cash flows. ECS technology companies represent an intriguing bright spot, substantially outperforming the ECS industry as well as the S&P 500 since 2010.

Report 40

Report Construction Cash Flow Engineering 40

Harvard Business

AUGUST 24, 2017

For the past several years, Wells Fargo has been run by MBAs, while Bank of America’s CEO since 2010, Brian Moynihan, has a law degree from Notre Dame. What explains the divergence in the fortunes of two of the U.S.’s ’s largest banks? One possibility is the tone at the top. Our research produces two conclusions.

Pharmaceuticals 28

Pharmaceuticals Intellectual Property Training Training 28