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This is a four-part online series on financial statement basics adapted from an article on credit and finance in the July-August 2022 issue of Produce Blueprints. To read the full issue online, click here. The main leverage or debt ratio of the balance sheet is the debt ratio. This ratio determines what percentage of a …

This is a four-part online series on financial statement basics adapted from an article on credit and finance in the July-August 2022 issue of Produce Blueprints. To read the full issue online, click here. Liquidity ratios measure a company’s short-term ability to pay maturing obligations and unexpected cash needs. The liquidity ratios on the balance …

It’s been a good week for Saunders International Limited (ASX:SND) shareholders as the company just released its latest annual results and shares gained 3.8% to AU$1.10. Results were positive, with revenue of A$130 million beating analysts’ expectations of 5.2%. It’s an important time for investors, as they can follow a company’s performance in its report, …

Charging electric cars. Getty Images When it comes to electric vehicles, Tesla leads the class. Over the years, other automakers have entered the electric vehicle space hoping to cash in on this industry, and many have. With this influx of competition, analysts predict the disappearance of Tesla’s grip on the electric vehicle market. However, these …

This is a four-part online series on financial statement basics adapted from an article on credit and finance in the July-August 2022 issue of Produce Blueprints. To read the full issue online, click here. Four documents – the balance sheet, the income statement (or profit and loss account), the statement of cash flows and the …

the herald Olivier Kazunga Senior Business Journalist The People’s Savings Bank (POSB), a state-owned banking institution, says its balance sheet grew 130% to $18.9 billion in the six months ended June 30, 2022 despite headwinds induced by the Russian-Ukrainian war. The two Eastern European countries are major suppliers of global commodities such as corn, wheat, …

Real Luck Group Ltd (TSX-V: LUCK, OTCQB: LUKEF) and its subsidiaries (known as Luckbox) filed their second quarter results, and CEO Thomas Rosander unveiled the company’s next phase of growth in a statement released Wednesday. The company ended the quarter with over 700 games from six providers at its new online casino Luckbox, an increase …

i_frontier Profits of Banc-Corp Associated (New York Stock Exchange: ASB) will likely continue to climb this year on the back of robust loan growth. In addition, net interest income will benefit from a rising interest rate environment thanks to the concentration of the credit portfolio in variable rate loans. On the other hand, provisioning is …

Landsnet’s interim financial statements for the period January-June 2022 were published today. Guðlaug Sigurðardóttir, CFO of Landsnet, says operations are stable and on schedule despite supply chain challenges. “We are focused on ensuring profitable and stable operations, essential for a key infrastructure company like Landsnet and its customers. We are proud of our performance and …

Landsnet hf. Landsnet’s interim financial statements for the period January-June 2022 were published today. Guðlaug Sigurðardóttir, CFO of Landsnet, says operations are stable and on schedule despite supply chain challenges. “We are focused on ensuring profitable and stable operations, essential for a key infrastructure company like Landsnet and its customers. We are proud of our …

Strong commercial performance. Volume growth driven by Western Europe and Asia Organic volume growth +8.9% (Q2: +8.7%) Organic volume growth in Western Europe +10.2%, Asia +13.2% and Central and Eastern Europe +0.3% (excluding Ukraine: +7%). Solid volume growth for premium brands: Tuborg +14%, Carlsberg +20%, 1664 Blanc -1% (excluding Ukraine: +5%), Grimbergen +11%, Somersby +2% …

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF US SECURITIES LAWS TORONTO, Aug. 15, 2022 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna“or the”Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a commercial-stage international biopharmaceutical company focused on bringing …

David Iben said it well when he said: “Volatility is not a risk that interests us. What matters to us is to avoid the permanent loss of capital. When we think of a company’s risk, we always like to look at its use of debt, because over-indebtedness can lead to ruin. Above all, PTC Inc. …

By Arjay L. Balinbin, Senior Reporter GLOBE Telecom, Inc. expects increased future profits from expected cost savings from the sale of its more than 7,000 towers, a company official said. Globe expects that by selling the towers it will spend less, especially on rent, than when it owned the towers. “Its impact on the bottom …

It’s been a good week for indie Semiconductor, Inc. (NASDAQ:INDI) shareholders as the company just released its latest second-quarter results, and shares gained 6.3% to US$8.10. The results seem to have been pretty good overall. While revenue of US$26 million was in line with analysts’ expectations, statutory losses were much lower than expected, with Independent …

It’s been a good week for Krishna Institute of Medical Sciences Limited (NSE:KIMS) shareholders, as the company just released its latest quarterly results, and shares gained 2.2% to ₹1,262. Krishna Institute of Medical Sciences released a report in line with analysts’ expectations, generating revenue of ₹5.0 billion and statutory earnings per share of ₹41.88, suggesting …

Warren Buffett said: “Volatility is far from synonymous with risk. So it may be obvious that you need to consider debt when thinking about the risk of a given stock, because too much debt can sink a business. We can see that Rumble ON, Inc. (NASDAQ:RMBL) uses debt in its business. But should shareholders worry …

Mandalay Resources Corp. (TSX:MND, OTCQB:MNDJF) released its financial results for the second quarter ended June 30, 2022, showing consolidated quarterly revenue of $50.1 million and a strengthened balance sheet. “Mandalay is pleased with another stable financial quarter in which we generated $7.5 million of free cash flow, allowing the company to further strengthen its balance …

August 10, 2022 by SchiffGold 0 0 The Federal Reserve is all about fighting inflation. Where is it? While everyone’s focus is on interest rate cuts, the promised Fed balance sheet reduction isn’t quite happening as promised. Balance sheet reduction, technically known as quantitative tightening, was due to begin in May. The FOMC statement released …

It’s been a poor week for Capital plc (LON:CPI) shareholders, with the stock having fallen 12% to £0.26 in the week since its last interim results. Results look mixed – while revenue was slightly below analysts’ estimates at £1.5bn, statutory earnings were in line with expectations at £0.13 per share. Earnings are an important time …

CINCINNATI, Aug. 09, 2022 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“To leave“or the”Company”) (NASDAQ:QIPT; TSXV:QIPT), an American home medical equipment industry leader focused on end-to-end respiratory care, is pleased to announce that it has exercised its right ( the “Conversion right”) under the Debenture Indenture dated March 7, 2019 (theIndenture”), which governs all of …

Property Submission FORM 4 Check this box if you are no longer subject to section 16, the obligations of Form 4 or Form 5 may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN THE EFFECTIVE BENEFICIARIES OF THE SHARES Filed …

NOT FOR BROADCASTING IN THE UNITED STATES OR DISTRIBUTING TO US NEWS WIRE SERVICES CINCINNATI, Aug. 09, 2022 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“To leave“or the”Company”) (NASDAQ:QIPT; TSXV:QIPT), an American home medical equipment industry leader focused on end-to-end respiratory care, is pleased to announce that it has exercised its right ( the “Conversion …

Stefano Zaccaria/iStock Editorial via Getty Images Introduction As one of the largest steel producing companies in the world, ArcelorMittal (NYSE: MT) could be considered an important indicator of the global economy, since the company occupies a unique position on almost all continents. As steel prices were extraordinarily high in the first half, Arcelor essentially printed …

NEW YORK, August 05, 2022–(BUSINESS WIRE)–ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) today announced the unaudited statement of assets and liabilities, net asset value and asset coverage ratio of the Fund as of July 31. 2022. As of July 31, 2022, the Fund’s net assets were $540.5 million and its net asset value per …

It’s been a great week for Proterra inc. (NASDAQ:PTRA), its shares jumping 15% to US$5.90 in the week since its last second-quarter results. Proterra recorded revenue of $75 million, in line with expectations, but unfortunately also recorded (statutory) losses of $0.19 per share, slightly larger than expected. Earnings are an important time for investors because …

NEW YORK–(BUSINESS WIRE)–ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE:EMO) today announced the unaudited Statement of Assets and Liabilities, Net Asset Value and Asset Coverage Ratio of the Fund as of July 31 2022. As of July 31, 2022, the Fund’s net assets were $442.0 million and its net asset value per share was $34.22. The …

Berkshire Hathaway’s Charlie Munger-backed outside fund manager Li Lu is quick to say, “The biggest risk in investing isn’t price volatility, but whether you’re going to suffer a permanent loss of capital “. So it may be obvious that you need to take debt into account when thinking about the risk of a given stock, …

ams-OSRAM AG (VTX:AMS) Shareholders are probably feeling a bit disappointed, as its shares fell 6.5% to CHF 7.80 in the week after its latest second-quarter results. It was a decent report, and revenue was 1.2 billion euros, roughly in line with analysts’ estimates ahead of the earnings announcement. Earnings are an important time for investors …

Virgin Money said unsecured lending rose 3.8% in the third quarter to £6.0bn, driven by growth in “high quality” credit card balances. Business loans rose 0.3% to £8.3bn, despite a sluggish market and a drop in government-backed loans. Register to our Business newsletter Virgin Money saw a 45% year-over-year increase in sales of personal and …

OVERLAND PARK, KS /ACCESSWIRE/August 1, 2022/ Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of July 29, 2022, the company’s total unaudited assets were approximately $630.3 million and its unaudited net asset value …