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 Securitization Markets Handbook by George C. Christy
Cover of the book China's Mobile Economy by George C. Christy
Cover of the book Antennas for Global Navigation Satellite Systems by George C. Christy
Cover of the book Actor and Strategy Models by George C. Christy
Cover of the book Scenarios by George C. Christy
Cover of the book Finance Ethics by George C. Christy
Cover of the book The Tax Law of Charitable Giving by George C. Christy
Cover of the book Heterocycles in Natural Product Synthesis by George C. Christy
Cover of the book Diagnostics to Pathogenomics of Sexually Transmitted Infections by George C. Christy
Cover of the book Retrofitting Suburbia, Updated Edition by George C. Christy
Cover of the book Umdenken! by George C. Christy
Cover of the book House of Cards and Philosophy by George C. Christy
Cover of the book Guide by George C. Christy
Cover of the book Thermal Infrared Sensors by George C. Christy
Cover of the book Your Baby's First Year For Dummies 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