Posts by: Michael c

Re: Historical Cash & Equivalent Reconciliation
Got it. Many thanks. :)
Go to post added 8 months ago
Re: Historical Cash & Equivalent Reconciliation
Got it. Actually, this is the scenario that I that am running into. I am building quarterly projection and take the quarters for annual projection. I have no problem if all four quarters were projected and either take the combine figures of all four quarters for income statement and cash flow sta... Read More
Go to post added 8 months ago
Historical Cash & Equivalent Reconciliation
Hi WST, I have a somehow stupid question. I realized that we only make projection in the cash flow statement without bothering with the historical cash flow items. I kind of tried to use the same approach in cash flow statement to calculate the historical Cash & Equivalent to see if they would mat... Read More
Go to post added 8 months ago
Re: Intangible Asset Amortization
Thanks a lot. Very helpful.
Go to post added 9 months ago
Intangible Asset Amortization
Hi WST, I am trying to build a more detail projection by including amortization of intangible asset amortization; instead of grouping it with depreciation and deducting it from PP&E with depreciation. Now, I am running into a scenario where the company does not break out the depreciation and amor... Read More
Go to post added 9 months ago
Re: Over Estimating Depreciation
Got it. Many thanks.
Go to post added 9 months ago
Over Estimating Depreciation
Hi WST, Quick question: if we can't have the residual value of a company's depreciate assets; does that mean we could very well over estimate the depreciation expense? Ex. A company has $1000 of machinery and Equipment at the beginning of the period and with 3 years of life. However, without kno... Read More
Go to post added 9 months ago
Beta for Cost of Equity
Hello WST, I understand that many have access to Bloomberg terminal at work or in school so getting beta for a particular stock is not an issue. However, would you have any recommendation for those who don't have Bloomberg and need beta to calculate cost of equity for a particular company? For ex... Read More
Go to post added 1 year ago
Re: DCF Mid-Year Convention
Got it. Many thanks. :)
Go to post added 2 years ago
DCF Mid-Year Convention
Hello WST,
A quick question, would you recommend using mid-year convention for DCF because obviously firms don't normally receive all its cash at the end of the fiscal year? Many thanks.
Go to post added 2 years ago