Free Cash Flow

Seeing Through the Accounting Fog Machine to Find Great Stocks

Business & Finance, Finance & Investing, Investments & Securities
Cover of the book Free Cash Flow by George C. Christy, Wiley
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: George C. Christy ISBN: 9780470484982
Publisher: Wiley Publication: January 8, 2009
Imprint: Wiley Language: English
Author: George C. Christy
ISBN: 9780470484982
Publisher: Wiley
Publication: January 8, 2009
Imprint: Wiley
Language: English

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. The reader is taken line-by-line through the author's investor return spreadsheet model: (1) three years of McDonald's historical financial statements are modeled; (2) a one-year projection of McDonald's Free Cash Flow and investor return is modeled. Five other restaurant companies are compared to McDonald's and each other using both Free Cash Flow and GAAP metrics.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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. The reader is taken line-by-line through the author's investor return spreadsheet model: (1) three years of McDonald's historical financial statements are modeled; (2) a one-year projection of McDonald's Free Cash Flow and investor return is modeled. Five other restaurant companies are compared to McDonald's and each other using both Free Cash Flow and GAAP metrics.

More books from Wiley

Cover of the book The Common Good by George C. Christy
Cover of the book What's Wrong with the WTO and How to Fix It by George C. Christy
Cover of the book Trivia Nights For Dummies by George C. Christy
Cover of the book Health, Safety, and Environmental Management in Offshore and Petroleum Engineering by George C. Christy
Cover of the book Professional C# 5.0 and .NET 4.5.1 by George C. Christy
Cover of the book Understanding Sea-level Rise and Variability by George C. Christy
Cover of the book Antibiotics Manual by George C. Christy
Cover of the book How To Solve Organic Reaction Mechanisms by George C. Christy
Cover of the book Microwave Filters for Communication Systems by George C. Christy
Cover of the book Selling Luxury by George C. Christy
Cover of the book Care of People with Diabetes by George C. Christy
Cover of the book The Clinical Handbook of Biofeedback by George C. Christy
Cover of the book Advanced Graph Theory and Combinatorics by George C. Christy
Cover of the book The Concise Encyclopedia of Communication by George C. Christy
Cover of the book Das Little Black Book vom Picknick by George C. Christy
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy