The Global exchange-listed companies must file their quarterly results with the stock market for the four quarters ending in June, September, December, and March. The March results also will include the annual results of the corporate.
Budgeting is a process of expressing quantified resource requirements (amount of capital, amount of material, number of people) into time-phased goals and milestones.
Check out more @ www.eleaderstochange.com
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Branches of Accounting What You Need to Know When Writing an Assignment.pdfMatt Brown
Accounting is a fascinating and complex field, so it can be hard to know where to start when writing an assignment. This article will give a couple of supportive tips to fanning out into new areas of bookkeeping. You will be better able to write about the various accounting fields accurately and thoroughly if you comprehend them. When writing your next assignment, keep these suggestions in mind!
Budgeting is a process of expressing quantified resource requirements (amount of capital, amount of material, number of people) into time-phased goals and milestones.
Check out more @ www.eleaderstochange.com
Follow: #eleaders2change
Branches of Accounting What You Need to Know When Writing an Assignment.pdfMatt Brown
Accounting is a fascinating and complex field, so it can be hard to know where to start when writing an assignment. This article will give a couple of supportive tips to fanning out into new areas of bookkeeping. You will be better able to write about the various accounting fields accurately and thoroughly if you comprehend them. When writing your next assignment, keep these suggestions in mind!
8
Non-GAAPs Measures
Name:
Professor’s Name
Course Name:
Course/Registration No.:
Date:
Introduction/Purpose
Accounting and finance profession requires that the process or recording transaction and preparation of the financial statements be done with some standards that are generally outlined as GAAPs. The standards enables organizations, companies whether private or public and other institutions to be accurate and transparent in their preparation and recording of financial statements. In order to achieve transparency, accuracy and consistency in the predation of financial reports, GAAPs is used as the standard measure. GAAPs stand for generally accepted accounting principles. There is no universal standard that applies to all organizations in different geographical locations in the world. These standards normally differ from one country to the other. Generally accepted accounting principle is the bedrock for understanding of their financial performance of an institution whether public or private owned. GAAPs normally outlines the procedures and the scorecard for the preparation of financial reports and statements therefore when a particular company prepares its financial statements without employing the methodology outlined in GAAPs, then such a company is said to be using a Non-GAAP measure. Non-GAAP measure does not apply the standards stated as the generally accepted accounting principles. Non-GAAPs tries to explain the historical financial performance of a company and the projected and expected future performance of a particular company, the current financial position and the general cash flows.
A number of Non-GAAP measures that will be discussed herein include but not limited to EBITDA (Earnings before Interest and Tax, Depreciation and Amortization), Adjusted Earning, funds from operation (FFO), other cash earning (CE), free cash flows (FCF) and EBIT (Earnings before Interest and Tax). Other Non-GAAP measures include Net Operating Income (NOI), modified funds from operations (MFFO), Broad cash flow (BCF) and ROIC (Return on invested capital). Each of these non-GAAP measures have been explained below.
Earnings before Interest, Tax, Depreciation and Amortization is a type of Non-GAAP measure to determine the general operating performance of a company. Some of the merits of EBITDA include its ability to compare competitive firms in terms of their performance, it indicates a company’s efficiency and effectiveness regarding financial performance, gives the general outlook of business performance. EBITDA does not consider capital investments and other financial variables that may affect the financial position of the company. It only include expenses that are considered necessary in the day’s operation of the company. EBITDA gives an account of cash flows that might have been generated by the ongoing operations in the company. Some of the disadvantages of earnings before interest tax, depreciation and amortization include its f.
COMPANY ANALYSIS-HINDUSTAN UNILEVER LTDSaiLakshmi115
Introduction to company analysis# About the company in short # vision # mission # Standard of conduct # culture and value # business model of HUL # swot analysis of HUL # management and its structure # corporate culture and governance # Quantitative analysis of the company- HUL: Earnings, Leverages, competitive edge, production efficiency, financial analysis, cash flow, Ratio analysis # conclusion
Financial ratios and their use in understanding Financial StatementsPranav Dedhia
An introduction and in-depth understanding on the importance of Financial ratios in understanding financial statements of business entities along with relevant examples
Fundamental Analysis by Vivek SrivastavaAxis Direct
Fundamental Analysis is a study of factors (company specific and external environment) that affect the value of stock. This program will help you to understand the impact of factors on the valuation of the stock, analysis of the environment and interpretation of financial statement.
For more information visit : https://simplehai.axisdirect.in/learn/eclasses
Moneycation march 2015 newsletter; volume #3, issue #7A.W. Berry
Investment analysis is an art and a science. It is an art in the sense that agility and dynamic fluid thinking are useful when making decisions using empirically derived data. Fundamental analysis is one such method that is not pure science, but uses mathematical techniques to ascertain key financial information such as solvency, risk, liquidity, profit margin, expected rate of return and so on.
In a world where everyone on twitter or youtube seems to be an expert in equity markets, it gets important for us to not get distracted and focus on what might actually help us in wealth creation.
Finance is the language of business. You have to make the best decisions possible for yours or your client’s business. And, understanding financial analysis is the key to making this happen.
8
Non-GAAPs Measures
Name:
Professor’s Name
Course Name:
Course/Registration No.:
Date:
Introduction/Purpose
Accounting and finance profession requires that the process or recording transaction and preparation of the financial statements be done with some standards that are generally outlined as GAAPs. The standards enables organizations, companies whether private or public and other institutions to be accurate and transparent in their preparation and recording of financial statements. In order to achieve transparency, accuracy and consistency in the predation of financial reports, GAAPs is used as the standard measure. GAAPs stand for generally accepted accounting principles. There is no universal standard that applies to all organizations in different geographical locations in the world. These standards normally differ from one country to the other. Generally accepted accounting principle is the bedrock for understanding of their financial performance of an institution whether public or private owned. GAAPs normally outlines the procedures and the scorecard for the preparation of financial reports and statements therefore when a particular company prepares its financial statements without employing the methodology outlined in GAAPs, then such a company is said to be using a Non-GAAP measure. Non-GAAP measure does not apply the standards stated as the generally accepted accounting principles. Non-GAAPs tries to explain the historical financial performance of a company and the projected and expected future performance of a particular company, the current financial position and the general cash flows.
A number of Non-GAAP measures that will be discussed herein include but not limited to EBITDA (Earnings before Interest and Tax, Depreciation and Amortization), Adjusted Earning, funds from operation (FFO), other cash earning (CE), free cash flows (FCF) and EBIT (Earnings before Interest and Tax). Other Non-GAAP measures include Net Operating Income (NOI), modified funds from operations (MFFO), Broad cash flow (BCF) and ROIC (Return on invested capital). Each of these non-GAAP measures have been explained below.
Earnings before Interest, Tax, Depreciation and Amortization is a type of Non-GAAP measure to determine the general operating performance of a company. Some of the merits of EBITDA include its ability to compare competitive firms in terms of their performance, it indicates a company’s efficiency and effectiveness regarding financial performance, gives the general outlook of business performance. EBITDA does not consider capital investments and other financial variables that may affect the financial position of the company. It only include expenses that are considered necessary in the day’s operation of the company. EBITDA gives an account of cash flows that might have been generated by the ongoing operations in the company. Some of the disadvantages of earnings before interest tax, depreciation and amortization include its f.
COMPANY ANALYSIS-HINDUSTAN UNILEVER LTDSaiLakshmi115
Introduction to company analysis# About the company in short # vision # mission # Standard of conduct # culture and value # business model of HUL # swot analysis of HUL # management and its structure # corporate culture and governance # Quantitative analysis of the company- HUL: Earnings, Leverages, competitive edge, production efficiency, financial analysis, cash flow, Ratio analysis # conclusion
Financial ratios and their use in understanding Financial StatementsPranav Dedhia
An introduction and in-depth understanding on the importance of Financial ratios in understanding financial statements of business entities along with relevant examples
Fundamental Analysis by Vivek SrivastavaAxis Direct
Fundamental Analysis is a study of factors (company specific and external environment) that affect the value of stock. This program will help you to understand the impact of factors on the valuation of the stock, analysis of the environment and interpretation of financial statement.
For more information visit : https://simplehai.axisdirect.in/learn/eclasses
Moneycation march 2015 newsletter; volume #3, issue #7A.W. Berry
Investment analysis is an art and a science. It is an art in the sense that agility and dynamic fluid thinking are useful when making decisions using empirically derived data. Fundamental analysis is one such method that is not pure science, but uses mathematical techniques to ascertain key financial information such as solvency, risk, liquidity, profit margin, expected rate of return and so on.
In a world where everyone on twitter or youtube seems to be an expert in equity markets, it gets important for us to not get distracted and focus on what might actually help us in wealth creation.
Finance is the language of business. You have to make the best decisions possible for yours or your client’s business. And, understanding financial analysis is the key to making this happen.
Similar to 9 Important Things To Consider In Quarterly Results Before Investing In Stocks.pdf (20)
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
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Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
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As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
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https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
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3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
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The Parable of the Pipeline a book every new businessman or business student ...
9 Important Things To Consider In Quarterly Results Before Investing In Stocks.pdf
1. The Global exchange-listed companies must file their quarterly results with the stock
market for the four quarters ending in June, September, December, and March. The March
results also will include the annual results of the corporate.
In an era of dynamic changes, quarterly results became important to analyze the continued
performance of the corporate. Lately, companies have given us quarterly results and
guidance for the subsequent few quarters that function as an important insight for the
analysts within the stock exchange.
If you’re an investor within the stock exchange and wish to analyze companies on your own,
these questions will crop up, like the way to analyze quarterly results and the way to read
the quarterly results of a company? Before diving right into the things that you should
consider, here are some important fundamental qualities that you should check:
Revenue growth:
Corporate Revenue or Sales or Topline are all synonyms utilized in the business
terminology for a corporation.
One of the foremost important parameters to research is the topline growth. The expansion
within the top line has got to reflect qualitative and quantitative improvement over time.
It means that the revenues grew on the volume and pricing front.
If volumes back the revenue growth, it shows that the business is learning at the bottom
level, and therefore the demand for the merchandise is strong.
On the opposite hand, if the expansion is merely thanks to the pricing front, it shows that the
corporate pricing power has improved within the industry, thanks to which the products are
being accepted even after the worth hike.
But this will even be a one-time affair because, finally, subsequent growth has come thanks
to volumes.
Profit growth:
The market value tends to react to the profitability of the corporate very effectively.
In the case of quarterly results, the profits (operating and net) tend to be extremely
price-sensitive.
Any change within the earnings pattern concerning the analysts’ expectations would cause
a price reaction on either side.
For example, if the bulk of the analysts expected the stock to outperform, and during this
scenario if it underperforms, the stock will see price hammering and the other way around.
2. Therefore, it is important to assess the standard of the expansion of the operating profit,
which brings us to the subsequent step.
Margins:
The margins reflect the expansion percentage that the business can earn from its core
operations.
It gives a thought to the sustainability of the present margins. The prices incurred by the
business and, therefore, the measures are taken to curb the increase in costs will reflect
within the future margins.
Thus, growth in margins is equally important to seem for.
Also, we’d like to stay an eye fixed on the varied factors contributing to the margins.
In a quarterly result, the margins will tend to be quite volatile compared to the yearly
margins. We’d like to see the factors liable for margin volatility.
For this, management guidance is extremely necessary. Any sustainable margin would be a
positive trigger for the corporate.
Quality of Earnings:
In the quarterly profits and earnings, we’d like to dig deeper to urge a glance at the standard
of earnings. It suggests which factors supported the expansion or de-growth within the
earnings during the quarter.
For example: If a pointy fall within the staple prices has led to margin expansion, then the
sustainability of the margins could also be short-lived. Also, if the other happens, that’s if the
staple prices rise, then what’s the course of action for the management to combat such
price pressure.
Any extraordinary income or loss during the quarter has to be adjusted as these incomes or
losses aren’t recurring.
So, it’s better to regulate the figure than ascertain the expansion or de-growth.
While the earnings usually determine the stock price, the qualitative factors determine the
valuation, which is generally given by the corporate during their Concall after every quarterly
result.
Guidance as compared to the performance:
Management commentary is one of the foremost important parameters that an analyst
usually investigates.
3. The commentary on the current quarter and, therefore, the guidance for the coming one or
two years are used for forecasting and valuation purposes.
Investors got to know what the management is expecting and how it is planning for the road
ahead.
Other press releases:
Along with the above parameters, it’s equally important to travel through other press
releases given by the corporate to the exchanges from time to time regarding any deals,
corporate earnings, business updates, and company presentations.
These documents give us a quick outlook on various updates the corporate has undertaken
or is close to taking.
Besides these, browsing the Audit report and Notes to accounts is also important to know
any accounting changes or if the auditor has raised any red flags for the corporate.
So, in today’s blog, allow us to discuss 9 things to see in these quarterly results:
1. Operating Profits
We should always check out the operating profits when watching the quarterly results. The
operating profit shows the continued business conditions and, therefore, the efficiency of
the management.
Investors should always remember that a high operating profit indicates a healthy business.
The formula for calculating operating profit is:
Operating profit= income – Operating expenses
Expenses for running the business-like, like salaries, utility bills like rent, electricity, and
other office expenses, are included in the Operating expenses.
Similarly, research and development costs and legal and bank charges, among others, are
also included. Other fixed and variable expenses that form a neighborhood of the operating
costs got to be deducted from income to arrive at the business’s operating profit.
2. Margins
One should also check out the margins as they point at the ‘safety net’ of the corporate. The
profit shouldn’t ideally come at the value of margin.
So, when there’s a decrease within the EBIT margin of the corporate, it indicates that the
company’s profitability has taken successfully.
3. Interest Cost
4. Interest cost refers to the cash purchased as a loan amount for running a business. Hence,
a rise in the interest cost indicates an increase in the company’s debt.
4. Net Profit
A company’s net income refers to the operating profit minus tax minus loan repayment and,
therefore, the bottom line.
It is one of the important indicators of a company’s financial health and, therefore, the most
sought-after pointer in a quarterly income statement.
One should note that the upper the company’s net income, the higher the profitability.
1. Earnings Per Share (EPS)
For an investor, it’s essential to ascertain how the EPS is improving. A better EPS indicates
better corporate performance, leading to higher earnings for investors.
EPS is considered a really good indicator of the company’s performance. It, in turn, leads to
more earnings for the shareholders.
The EPS ratio helps investors be curious about a gentle source of income by understanding
the space a corporation has for increasing its current dividend. EPS of a corporation should
be considered concerning other companies.
2. Gross Revenue
Gross sales ask for a company’s total sales within a stipulated time. An increase in gross
revenue is an indicator that shows growing demand and good business health.
3. Net Sales
Net sales ask the sum of a company’s gross revenue minus its discounts, returns, and
allowances. Income can often get factored in when reporting on the income statements with
the topline revenues. Income is a far better indicator of business health than gross revenue.
4. Management
Management commentary is among the foremost critical parameters that an analyst usually
investigates.
Therefore, the commentary on the present quarter and the guidance for the approaching
one or two years are used for forecasting and valuation purposes.
Investors got to know what the management is expecting and how it’s planning for the road
ahead.
5. 5. Comparison on a QoQ and YoY basis:
It is one of the foremost tactical parts when analyzing quarterly results. So, should we
analyze the quarterly result on a QoQ or a YoY basis?
Generally, we put more stress on a YoY basis because it reflects the seasonality of the
operations far better.
It gives away a broader view of the company’s developments. But in some sectors or
companies where there are rapid changes and continuous growth, such as consumption,
we should always check out the QoQ changes.
For example, the Telecom industry has recently witnessed some growth in their ARPUs, so
therein case, QoQ comparison makes more sense than YoY to urge a good idea of the
performance of the world or the corporate.
Conclusion
Quarterly results help the investors by providing information that helps explain the
company’s performance numbers for the actual quarter. We hope you found this blog
informative and use it to its maximum potential within the practical world. Also, show some
love by sharing this blog with your family and friends and helping us in our mission of
spreading financial education. Watch out for more such content and stock market trading
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