Colombian electricity generation companies (GenCos) are well positioned to weather near-term cash flow volatility caused by the coronavirus-driven lockdowns on non-residential demand and low hydrology conditions #coronavirus #fitchwire
Argentine generation companies’ cash flow and liquidity will be further stressed by payment delays by the Management Company of the Wholesale Electricity Market, or Compania Administradora del Mercado Mayorista Electrico#fitchwire #coronavirus
#EU funds will not be handed out simply in order to simply cover cash flow needs but must be wisely spent, not only for this generation but also for those to come, stated State Minister Giorgos Gerapetritis in an interview with ANT1 TV on Wednesday
The coronavirus pandemic is severely reducing the financial flexibility of Latin American (LATAM) corporates as most have limited capacity to withstand cash flow pressures due to weak FCF generation and an inability to further cut capex. #fitchwire
Interesting research on whether free cash flow generation is "real" because of SBC. The results are not what most would think or may want to hear. SBC doesn't matter to free cash flow. And in fact, unadjusted FCF metrics have generated better alpha than adjusting out SBC.
'Since 2013, dividends and stock buybacks have generally exceeded free cash flow generation. Companies have filled that funding gap through debt issuance but they cannot spend more than they make indefinitely.' ht @SoberLook
Defeated and indebted, the once-mighty Liberals are at their lowest point in a generation. A post-election post-mortem reveals the cash flow is moribund, and the bloodletting continues. What next? Tuesday's column:
Goldman on $TSLA: "Altogether, we remain bearish on the company’s ability to execute, achieve its targeted production ramp/margins, and sustain free cash flow generation."
$BP reports adj net income of $2.59 billion, up 71% year-on-year. BUT cash flow generation was weak (and made worse by Gulf of Mexico payments) AND crucially net debt *jumped above $40 billion* #OOTT #oil
Interserve cash flow statement from half year results 2017. Note the collapsing cash flows (highlighted). Mostly due to exiting from the waste generation business, but there is also a cash flow failure in the ongoing business.
CFO Smith: 2017 operating cash flow expected to increase approx $250M to $10.75B, largely driven by 787 cash generation, higher 737 prodn