Posts by: WST Expert 1
Re: Why Is Minority Interest a positive for cash from operating activities?
Generally speaking, MI expense on the IS is a non-cash expense (unless the SUB is paying out it's NI via dividends) and as such, because this MI expense has reduced NI, but is non-cash, we add it back to CFO to reconcile to cash position. Think of it as an Accounts Payable liability - the "I.O.U." i... Read More
Generally speaking, MI expense on the IS is a non-cash expense (unless the SUB is paying out it's NI via dividends) and as such, because this MI expense has reduced NI, but is non-cash, we add it back to CFO to reconcile to cash position. Think of it as an Accounts Payable liability - the "I.O.U." i... Read More
Re: WST Macros Add In do not work on Microsoft Office 365
Hi Xenia, We’ve received many inquiries about this issue in the past few weeks, and it seems that a recent Windows Update changed some permissions settings with Excel files, including add-ins. The latest troubleshooting tip we have is to related to Office File Validation (please see https://sup... Read More
Hi Xenia, We’ve received many inquiries about this issue in the past few weeks, and it seems that a recent Windows Update changed some permissions settings with Excel files, including add-ins. The latest troubleshooting tip we have is to related to Office File Validation (please see https://sup... Read More
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added 9 years ago
NOTICE
Trying to get property of non-object
/home/pixelfind/product/html/resources/cache_p/dXNlcl91c2VyX3Bvc3Rz.php
Trying to get property of non-object
/home/pixelfind/product/html/resources/cache_p/dXNlcl91c2VyX3Bvc3Rz.php
#54
Re: WST Macros Add In do not appear on Microsoft Office 365
To clarify, you would only be able to access the macros that have been assigned a shortcut key, but will not be able to access the menu/ribbon-driven macros.
To clarify, you would only be able to access the macros that have been assigned a shortcut key, but will not be able to access the menu/ribbon-driven macros.
X
-0/excel_add_in_instructions-343?single=1993&parent=1944" class="comm_tool fl">Go to post
added 9 years ago
NOTICE
Trying to get property of non-object
/home/pixelfind/product/html/resources/cache_p/dXNlcl91c2VyX3Bvc3Rz.php
Trying to get property of non-object
/home/pixelfind/product/html/resources/cache_p/dXNlcl91c2VyX3Bvc3Rz.php
#54
Re: Capex estimation
CapEx and depreciation are not supposed to necessarily match. The correct way to project depreciation is covered in greater detail in a future course: Advanced Financial Modeling - Enhancements to the Core Model. In coming up with a placeholder estimate for depreciation, we initially use % of revenu... Read More
CapEx and depreciation are not supposed to necessarily match. The correct way to project depreciation is covered in greater detail in a future course: Advanced Financial Modeling - Enhancements to the Core Model. In coming up with a placeholder estimate for depreciation, we initially use % of revenu... Read More
Re: Redundancy and repeated page numbers?
Pagination of 10K filings are not very intelligent. In this case, the Annual Report is embedded within the 10K, hence the repeating page numbers.
Pagination of 10K filings are not very intelligent. In this case, the Annual Report is embedded within the 10K, hence the repeating page numbers.
Re: HRH 10-k filing
Thanks for pointing this out -- this 10K PDF was originally intended to appear under this course. It looks restored now, so you may follow along using our format. Good luck!
Thanks for pointing this out -- this 10K PDF was originally intended to appear under this course. It looks restored now, so you may follow along using our format. Good luck!
Re: HRH 10-k filing
The HRH 10-K filing is one of the course materials (PDF) available on the full, paid product. The Free Trial here offers a cursory glimpse into the courses; hopefully you find them informative!
The HRH 10-K filing is one of the course materials (PDF) available on the full, paid product. The Free Trial here offers a cursory glimpse into the courses; hopefully you find them informative!
Re: Diluted Shares Outstanding - Market Cap
Yes - in a change of control context. If you're doing a DCF (even in the context of and M&A or LBO), you would use options EXERCISABLE because DCF is always standalone valuation, which his exercisable and not outstanding options. Options outstanding become exercisable upon change of control - ... Read More
Yes - in a change of control context. If you're doing a DCF (even in the context of and M&A or LBO), you would use options EXERCISABLE because DCF is always standalone valuation, which his exercisable and not outstanding options. Options outstanding become exercisable upon change of control - ... Read More
Re: Filled Out Template
Unfortunately, we have a strict firm policy of not disseminating completed models. It is our belief that one learns from individually building the models. We understand that sometimes, unexpected things happen, such as computers crashing and lost work. However, in order to maintain the integrity... Read More
Unfortunately, we have a strict firm policy of not disseminating completed models. It is our belief that one learns from individually building the models. We understand that sometimes, unexpected things happen, such as computers crashing and lost work. However, in order to maintain the integrity... Read More
Good observation! CA-CL is the accounting definition of working capital. In the finance world, we need changes in working capital for cash flow calculations. As such, we would not include cash and debt. In addition, certain Long Term items, are included to capture the full balance sheet and resul... Good observation!
CA-CL is the accounting definition of working capital. In the finance world, we need changes in working capital for cash flow calculations. As such, we would not include cash and debt. In addition, certain Long Term items, are included to capture the full balance sheet and resulting cash flow statement impact. Also, 99% of public companies include long term items in their working capital calculation on the 10K filing. Read More