article thumbnail

Bank Valuation: Understanding Key Ratios and Metrics

Tom Spencer

In the previous article , we looked at how banks make money and how they must meet capital requirements. However, P/B has generally become a measure that is less useful than it was in the past since banks’ balance sheets are not as important as they used to be in determining earnings power. We will examine each in turn.

Metrics 88
article thumbnail

It’s Not “Time Management.” It’s Lean.

Markovitz Consulting

Unfortunately, companies in the lean community don’t seem to take much note of, or try to copy these experiments, probably because the benefits aren’t reflected on the income statement or balance sheet. Overtime expense isn’t a major concern when many office workers are on salary.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Equity Research: Understanding the Role of Stock Analysts

Tom Spencer

This includes analyzing a company’s financial statements, such as its income statement, balance sheet, and cash flow statement. This may include writing research reports, giving presentations, and participating in conference calls or meetings.

article thumbnail

Greek default in all but name - Tom Spencer consulting blog

Tom Spencer

It is surprising that ratings agencies did not classify the writedown as a default when you consider that S&P defines sovereign default as “the failure to meet interest or principal payments on the due date…contained in the original terms of the rated obligation when issued”. Graduate Consulting Group. Management Consulting.

article thumbnail

What is a Healthy Company?

Markovitz Consulting

But the deindustrialization of large swaths of the country over the past 40 years have shown the danger of just meeting that bare minimum. It’s a lot more than a healthy balance sheet, although that’s certainly a necessary—but not sufficient—precondition. What makes for a healthy company?

Company 124
article thumbnail

Mish's Global Economic Trend Analysis: Reader Question: Does the.

MishTalk

Reader Question: Does the Fed Balance Sheet Properly Reflect QE Announcements? The feds balance sheet doesnt reflect it. The balance sheet was up $720 billion from Aug 1, 2012 to Aug 1, 2013 ($309B in treasuries and $393B in MBS) but that is only $60B per month. Feds Balance Sheet. QE History.

article thumbnail

Small Business Survival Tips During COVID-19

Martinka Consulting

Or, if you’re sick of being cooped up and simply want to talk, give me a call or suggest we meet for a walking coffee (at a safe distance). I’ve also heard a lot of PE firms are telling their operating companies to use the lines of credit to strengthen their balance sheets cash position so consider this. It will sneak up on us.