Article: The equivalent loan principle and the value of corporate promised cash flows

Article: Cash flows vs. earnings in the valuation of equity ...
Journal of Real Estate Portfolio Management;  January 1, 2000 ;     700+ words ... ... information content of net income and cash flows for equity real estate investment trusts ... investigating which measure, earnings or cash flows, provides a better summary statistic ... the firm depends on the expected future cash flows of the firm, not on reported net income ...

Article: Capital Cash Flows: a simple approach to valuing ...
Financial Management;  June 22, 2002 ;     700+ words ... ... Flow (CCF) method for valuing risky cash flows. I show that the CCF method is equivalent to discounting Free Cash Flows (FCF) by the weighted average cost ... interest tax shields are included in the cash flows, the CCF approach is easier to apply ...

Article: Excess cash flows and diversification discount.
Financial Management;  June 22, 2004 ;     700+ words ... ... the impact of diversification on firm cash flows and excess value. Specifically, we ... reason that diversified firms produce cash flows different from those they would generate ... possibility that conglomeration might reduce cash flows motivates this article. However, several ...

Article: Tying free cash flows to market valuation.
Financial Executive;  May 1, 2002 ;     700+ words ... ... his attention to the importance of free cash flows in determining valuations. Last month ... value (NPV) of the future stream of cash flows. Financial statements must, therefore, put much more emphasis on the free cash flows that a business generates. A vivid example ...

Article: Direct approach to cash flows enhances credit ...
Business Credit;  April 1, 1992 ;     700+ words ... ... agree that the direct presentation of operating cash flows in the statement of cash flows is the preferred approach. This view has been ... deliberations on requiring the statement of cash flows. Despite the show of support for the direct ...

Article: Do past performance and past cash flows explain ...
Australian Journal of Management;  December 1, 2005 ;     700+ words ... ... examines the link between current-quarter cash flows and both past performance and past cash flows using a sample of Australian retail superannuation ... between past performance and current-quarter cash flows as well as evidence of persistence in cash ...

Article: The relevance and reliability of future cash flows.
Accounting Today;  January 10, 2005 ;     700+ words ... ... amount, timing and uncertainty of their future cash flows. That is, they want information to size ... explanatory objective logically tracks these future cash flows back to their source - the cash flows experienced by the reporting entity. It explains ...