6501 Archives - JAPAN ANALYTICS https://japananalytics.sg/tag/6501/ Accounting Visualized™ Fri, 27 Oct 2017 02:24:36 +0000 en-US hourly 1 https://japananalytics.sg/wp-content/uploads/2017/07/cropped-iTunesArtwork@2x-32x32.png 6501 Archives - JAPAN ANALYTICS https://japananalytics.sg/tag/6501/ 32 32 Cash is a fact, profit is an opinion https://japananalytics.sg/cash-fact-profit-opinion/ https://japananalytics.sg/cash-fact-profit-opinion/#respond Sat, 21 Oct 2017 01:55:37 +0000 https://japananalytics.sg/?p=711 “Cash is a fact, profit is an opinion” – Alfred Rappaport The usefulness of cash flow in valuation is debatable, but cash flow analysis often provides a better picture of business reality. As an example, let’s look at three diversified industrial electronics companies, Hitachi (6501), Mitsubishi Electric (6503) and Toshiba (6502). Firstly, the conventional accrual […]

The post Cash is a fact, profit is an opinion appeared first on JAPAN ANALYTICS.

]]> https://japananalytics.sg/cash-fact-profit-opinion/feed/ 0