Understanding a set of financial results is difficult even before management teams get the crayons out to add some creativity to the reported metrics. Faced with a raft of different earnings metrics, you need your wits about you.
Let’s start with what HEPS means. The acronym stands for headline earnings per share, a South African concept designed to stop companies from reporting utter nonsense in the same way that the Americans love doing. “Adjusted earnings before interest, taxes, depreciation and amortisation” is abused to incredible levels on the US market, allowing executives to pretend that all the minor inconveniences don’t exist...
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
THE FINANCE GHOST: Smoke and mirror acronymsThere is plenty of salesmanship in company reporting — especially when it comes to earnings metrics. Here’s how to see through the BS
Leer más »
‘RAP must go through BSA’ to finance Nontshinga’s IBF fightRumble Africa Promotions (RAP) must follow protocol in its request for funding from the government to stage the International Boxing Federation (IBF) junior flyweight world title between holder Sivenathi “Special One” Nontshinga and Filipino Regie Suganob in the Eastern Cape.
Leer más »
IDC CEO to step down | BusinessIndustrial Development Corporation CEO Tshokolo Nchocho will leave the state-owned finance institution at the end of the year. | News24_Business
Leer más »