Despite historically low levels of natural gas prices, Chesapeake Energy?s operating cash flow has remained positive.
FORBES: Rising Chesapeake Energy Production Costs Could Cap Icahn's Upside
At less than 5% of operating cash flow in 2009, its capital expenditures are miniscule.
Ivax's operating cash had declined but reported earnings had increased because of deferred taxes.
But Comcast executives also emphasize that NBC News is less than 1% of Comcast's operating cash flow.
It is paying down debt by selling a titanium dioxide business, as well as through operating cash flow.
When operating cash flow is less than net income, there is something wrong with the cash cycle.
Cash management is also a CEO-critical task, but operating cash is not capital.
One is that you have to pay close attention to fundamentals like earnings, operating cash flow and book value.
Growing cash piles on flat revenues and operating cash flows indicate firms are increasingly sitting on the Benjamins they generate.
FORBES: U.S. Companies Stashing More Cash Abroad As Stockpiles Hit Record $1.45T
As borrowings have grown, even increases in production and operating cash flow have not been enough to increase shareholder value.
"Wall Street security analysts think dollar-to-dollar royalty cash flows are more valuable than restaurant operating cash flows, " says Kevin T.
Had amortization been higher, that cost would have come out of earnings and increased operating cash, bringing them more in line.
Either way, you should steer clear of companies that report both profits and negative operating cash flows period after period.
In the fourth quarter and full-year 2011, Allscripts had record bookings, accelerating revenue growth, strong earnings growth and record operating cash flow.
FORBES: Vanguard Health Care Fund's Latest Purchase: GMCR,TEVA, RHHBY, MDRX
The last metric, known by some as free cash flow, is calculated by subtracting dividends and capital expenditures from operating cash flow.
Operating cash flow was up 11.4% for the quarter and 9% annually.
FORBES: Comcast Beats Estimates, Boosts Dividend And Buys The Rest Of NBC From GE
Net operating cash flow is JPY 200 billion, against net investment cash flow of -47 billion and financing cash flow of -184 billion.
Second, our substantial operating cash flow, which we expect to grow in the double digits in 2009, gives us the financial flexibility to execute our plans.
Optimum Lightpath, a division of Cablevision focused on Ethernet-based telecommunications services, saw an adjusted operating cash flow increase of 17% as compared to the previous year.
FORBES: Acquisition Bolsters Cablevision's Q2, But Figures Fall Short
If operating cash flows continue to drop as sharply as they did in the fourth quarter, Groupon may need to tap the public markets for equity.
So you have the leveraged company capitalized in the market at 4.2 times operating cash flow versus 8.5 times for unleveraged Company A. Exactly the same business.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) today reported a second consecutive quarter of double-digit percentage growth in year-over-year earnings results and significant increases in operating cash flow.
ENGADGET: Verizon issues Q2 earnings, touts $15.8 billion service revenues in Wireless
Wall Street is learning to disregard its long-running unprofitability and looking at its doubling of operating cash flow this year (that's net before depreciation, interest and taxes).
Beyond high net cash levels, firms making the First Cut have positive earnings and operating cash flow, as well debt levels below the norm for their industry.
Big pharma has less cash for deals because the patent cliff and pricing pressures have hit operating cash flows and spending on earlier deals, stock repurchases and dividends.
FORBES: What Firepower? Why Big Drugmakers Can't Do Big Deals
Also, there would have been huge costs to having every business to stop what it was doing and scramble to find a safe place to store its operating cash.
FORBES: We Don't Need TAG Accounts, We Need Sanity At The Fed
Creating value for shareholders remains a top priority, and in the first half of fiscal 2013, we returned over 95% of operating cash flows through share redemptions and dividends.
FORBES: Seagate FY Q2 Tops Ests; Outlook Misses; Shrs Off (Updated)
应用推荐