Georgia Tech Financial Analysis Lab

Free Cash Flow: What Is It, Really?
Financial Performance

Free Cash Flow: What Is It, Really?

As the use of free cash flow as a guiding metric grows, researchers seek a solid definition for the term.
By David Katz | April 30, 2018
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Tax Reform’s Success Hangs On Capex, Expert Says
Corporate Finance

Tax Reform’s Success Hangs On Capex, Expert Says

If the U.S. Tax Cuts and Job Act doesn’t push companies to invest more in capex, a “stagflation scenario” could ensue.
By David Katz | February 2, 2018
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Are Rising Dividend Payouts Backed By Cash?
Working Capital

Are Rising Dividend Payouts Backed By Cash?

“Firms are only capable of sustainably maintaining their dividend payouts provided they are generating sufficient free cash flow,” researchers contend.
By David Katz | January 3, 2018
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Deferred Taxes Could Drive Big Earnings Swing
Tax

Deferred Taxes Could Drive Big Earnings Swing

The new tax cuts will make winners out of companies with big deferred tax liabilities and losers of those with large tax assets, an expert forecasts.
By David Katz | December 22, 2017
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Will Tax Cuts Boost Capital Spending?
Working Capital

Will Tax Cuts Boost Capital Spending?

Despite surging sales and cash flow, company spending on capex continues to lag.
By David Katz | November 20, 2017
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Companies Piling Losses onto Balance Sheets
Profit & Loss

Companies Piling Losses onto Balance Sheets

Freewheeling reporting rules on other comprehensive income set the stage for earnings management, researchers assert.
By David Katz | September 25, 2017
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CFOs Pump Out Free Cash Flow
GAAP and IFRS

CFOs Pump Out Free Cash Flow

But big, public, non-financial companies are generating cash partly by cutting capex, study finds.
By David Katz | July 14, 2017
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What’s Behind Financial Statement Placement Order?
Financial Reporting

What’s Behind Financial Statement Placement Order?

The order in which a company presents financial statements may present clues about how it wants to be viewed by investors and analysts.
By David McCann | March 13, 2017
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$300B Capex Lost in Recession Goes Unreplaced
Cash Flow

$300B Capex Lost in Recession Goes Unreplaced

A huge dollar amount has vanished from corporate America’s investment in capex.
By David Katz | March 9, 2016
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Free Cash Margins Show Steady, Not Spectacular, Growth
Corporate Finance

Free Cash Margins Show Steady, Not Spectacular, Growth

U.S. companies are throwing off cash but still investing tepidly in capital expenditures and inventory.
By Vincent Ryan | August 4, 2015
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