In the basis of the financial statement, the author analyses the financial situation oftarget enterprises through combining structural analysis, trend analysis and financial ratioanalysis so as to understand the real financial situation, summarize the operational status andget to know the quality of assets and liabilities.
Based on adjusting financial statement analysis and basic financial ratio, the author designs the corporation value evaluation based on re-computing free cash flow and makes the further step to maximize the corporation value.
This article is a case which makes use of fundamental analysis technology to evaluate the securities portfolio investment. Basing on adjusting financial statement analysis and basic financial ratio, the author designed for the corporation value evaluation based on handhold computing Free Cash Flow. By introducing free cash flow Multiplier, free cash flow debt ratio,and integrating operating cash flow, market surplus ratio, market net ratio, low financial lever, the author constructed the securities portfolio investment of correlation index.
This study examines the actual financial statement effect on BK>amp;amp;L's sample firms due to the adoption of SFAS 143.
Taken together, our evidence suggests the market recognizes the financial statement effects of alternative acceptable accounting methods and efficiently processes the valuation implications of VACs.
Using estimates of the private benefits of control and financial statement data from selected Korean firms, we find that a controlling party with large private benefits tends to lower debt.
Results suggest that in a regulatory environment allowing substantial reporting discretion, firm-provided financial statement information affects valuation of contingent Superfund liabilities by reducing uncertainty.
In a valuation framework, we then investigate whether financial statement disclosures and accruals reduce uncertainty and thereby affect security valuation.