Quality of earnings
How to tell whether profit is backed by cash: CFO to PAT, accruals, receivables and DSO trends, the Beneish M-score, and earnings management in India.
5 pages carry this tag.
How to tell whether profit is backed by cash: CFO to PAT, accruals, receivables and DSO trends, the Beneish M-score, and earnings management in India.
Ten common DCF mistakes, from a terminal growth rate above WACC to stale betas and false precision, and how to avoid each one.
How the Altman Z-score combines five ratios to flag financial distress, its Z' and Z'' variants, and its limits for Indian companies.
The original fundamental analysis course: approaches, qualitative factors, the three statements, ratio categories, sector checks, red flags, and valuation models.
Work through realistic case studies and identify the warning signs of financial distress and poor earnings quality.
Related topics: Valuation, DCF, Relative valuation, Cost of capital, Financial statements, Cash flow, Earnings quality, Ratios