Current Assets – Free Bassuk.com http://freebassuk.com/ Sat, 18 Sep 2021 16:58:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://freebassuk.com/wp-content/uploads/2021/07/icon.png Current Assets – Free Bassuk.com http://freebassuk.com/ 32 32 Company develops oil and gas wastewater assets in Permian Basin http://freebassuk.com/company-develops-oil-and-gas-wastewater-assets-in-permian-basin/ http://freebassuk.com/company-develops-oil-and-gas-wastewater-assets-in-permian-basin/#respond Sat, 18 Sep 2021 15:00:33 +0000 http://freebassuk.com/company-develops-oil-and-gas-wastewater-assets-in-permian-basin/ An oil and gas water treatment company bought the produced water infrastructure from Colgate Energy purchased from Occidental Petroleum last month. Houston-based WaterBridge Holdings announced the deal on September 10 that saw the company enter into a 15-year produced water management agreement for the entire acreage of oil producer Colgate in the Delaware Basin. , […]]]>

An oil and gas water treatment company bought the produced water infrastructure from Colgate Energy purchased from Occidental Petroleum last month.

Houston-based WaterBridge Holdings announced the deal on September 10 that saw the company enter into a 15-year produced water management agreement for the entire acreage of oil producer Colgate in the Delaware Basin. , on the Texas side of the shale area in Reeves and Ward counties.

The acquisition included 10 water treatment facilities for intermediate operations capable of treating approximately 100,000 barrels per day as well as approximately 50 miles of pipelines to move produced water into the basin that West Texas shares with southeastern New Mexico.

Following:New Mexico oil and gas must be curbed to tackle climate and health impacts, study finds

The acreage acquired by Colgate under Operation Oxy joined the assets previously acquired by Colgate from Luxe Energy, meaning that a total of 86,100 operated acres of produced water assets will be managed by WaterBridge for Colgate.


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Penticton municipal asset replacement or upgrade project over next 20 years costs $ 100 million – Penticton News http://freebassuk.com/penticton-municipal-asset-replacement-or-upgrade-project-over-next-20-years-costs-100-million-penticton-news/ http://freebassuk.com/penticton-municipal-asset-replacement-or-upgrade-project-over-next-20-years-costs-100-million-penticton-news/#respond Fri, 17 Sep 2021 23:58:00 +0000 http://freebassuk.com/penticton-municipal-asset-replacement-or-upgrade-project-over-next-20-years-costs-100-million-penticton-news/ Photo: contributed Penticton Library, Museum and Archives in one of the buildings needs a new location Penticton City Council will be reviewing aging buildings across the city that need to be replaced or upgraded over a 20-year period. The results of an 18-month review of the City’s aging assets and equipment determined that the replacement […]]]>

Penticton City Council will be reviewing aging buildings across the city that need to be replaced or upgraded over a 20-year period.

The results of an 18-month review of the City’s aging assets and equipment determined that the replacement or upgrade will be more cost-effective and of greater value to Penticton in the long term.

These buildings include Fire Halls One and Two, Penticton City Hall, Memorial and McLaren Arenas, Penticton Library and Museum, Penticton Art Gallery, Leir House, Cleland Theater and Complex indoor soccer field.

The estimated net cost of repairing the buildings is $ 100 million.

“Many of Penticton’s aging public assets are reaching the end of their useful life and rather than just replacing them brick by brick, this review examines the current challenges and opportunities with each asset and identifies the options that create the greatest benefit. from a strategic and community perspective, ”City Director General of Finance and Administration Jim Bauer said in a press release.

Four key recommendations are made for the services supported by these facilities to be continued or improved in the future:

  • Build a new downtown arts and culture center to house the library, museum, art gallery and other arts groups. Rent Leir House at commercial rates.
  • Consolidate the City’s ice surfaces on the SOEC site with the construction of a new twin arena and the demolition of the McLaren and Memorial arenas. Conversion of the Memorial site to a parking lot and disposition of the McLaren site for commercial redevelopment to fund the new arenas.
  • Develop a new downtown public safety and emergency services center to replace Fire Hall one and house the Penticton Fire Department, Regulatory Services, Community Police and Emergency Operations Center from the city. Upgrade Fire Station Two to its current location.
  • Retain City Hall as a civic and employment hub in the city center, modernize it as planned and modernize it as needed.

The report also makes other recommendations, including investing in maintaining the indoor soccer complex, with the city taking over operations, and upgrading the Cleland Theater, with a third party managing operations.

“These recommendations provide direction for $ 300 million in facilities that are critically in need of a plan,” Bauer said. “If the City implements the recommendations outlined, Penticton residents will benefit from new facilities with modern features that are less expensive to maintain, have a longer lifespan, improve accessibility and reduce our environmental footprint at a cost. $ 20 million less than a simple repair. what we have today, ”said Bauer.

The review was launched in 2020 to identify assets and equipment reaching the end of their useful life and was prepared by Colliers Project Leader. The board will hear the results of the review at its meeting on Tuesday, with staff recommending an engagement process to involve the community in finalizing the plan.

“Many of these recommendations relate to the assets that house the services that residents enjoy and that are highly valued by the community. Before the City finalizes the plans, we want to build on our initial discussions with some of the user groups and confirm the direction with residents, ”said City Public Engagement Program Manager JoAnne. Kleb.

A “Civic Places and Spaces” project page has been created on the City’s shapeyourcitypenticton.ca website.

Representatives of user groups that currently operate or provide programs or services at affected facilities have commented positively on these changes.


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Superdry Plc – Announcement of preliminary results -9- http://freebassuk.com/superdry-plc-announcement-of-preliminary-results-9/ http://freebassuk.com/superdry-plc-announcement-of-preliminary-results-9/#respond Thu, 16 Sep 2021 06:01:11 +0000 http://freebassuk.com/superdry-plc-announcement-of-preliminary-results-9/ As already described in the going concern statement, as part of this assessment, the Directors have considered an extended reverse stress test over the sustainability period with similar mitigations to the going concern assessment. , and took into account the availability of the Group’s ABL. While recognizing that the challenging retail environment will increase the […]]]>

As already described in the going concern statement, as part of this assessment, the Directors have considered an extended reverse stress test over the sustainability period with similar mitigations to the going concern assessment. , and took into account the availability of the Group’s ABL.

While recognizing that the challenging retail environment will increase the risks and costs associated with the future refinancing of this facility, based on current market conditions and our proven ability to manage liquidity during the pandemic, the directors believe that Superdry has the plans, current assets and mitigation measures in place to maximize the prospects for a successful renewal before the ABL expires in January 2023. The viability assessment therefore assumes that the Group renews under existing or better conditions for the duration of the viability period.

As part of the reverse stress test, which tests the breakeven point against our borrowing facilities (liquidity and covenants are tested separately), the July 2022 (Q2-23) covenant test would violate first, in accordance with the business continuity test. Taking into account the supposed resumption of post-Covid trade in the medium-term plan, the liquidity and covenant margin in the last years of the plan is higher than in fiscal year 23. The reverse stress test indicated that after taking into account the mitigation measures highlighted in the going concern assessment above, the Group would be able to operate within its financing facilities for the assessment period five years. However, a lasting slowdown due to the new strategy failing to turn the business around, or an unexpected failure to renew the ABL in January 2023, would threaten the viability of the business during this five-year review period. years.

Based on this assessment, the Directors can reasonably expect that the Group will have sufficient resources to continue its activities and meet its commitments as they fall due during the period up to April 2026.

Remarks

1. “Lost trading days” calculated as the simple average number of stores closed each day of the period as a percentage of total potential trading days in the period, excludes the impact of restricted trading hours.

2. The composition of full-price sales refers to the proportion of retail sales made at the recommended selling price in full-price stores and owned websites only.

3. Annualized cash savings were calculated based on the effective date of the lease.

Group statement of comprehensive income

to members of Superdry Plc

                                                         Adjusted* Adjusting    Total    Adjusted* Adjusting    Total 
                                                    Note 2021      items        2021     2020      items        2020 
                                                         GBPm        (note 7)     GBPm       GBPm        (note 7)     GBPm 
                                                                   GBPm                              GBPm 
Revenue                                             6    556.1     -            556.1    704.4     -            704.4 
Cost of sales                                            (263.0)   -            (263.0)  (326.5)   -            (326.5) 
Gross profit                                             293.1     -            293.1    377.9     -            377.9 
Selling, general and administrative expenses             (321.6)   (19.4)       (341.0)  (412.1)   (127.0)      (539.1) 
Other gains and losses (net)                             19.3      (4.7)        14.6     9.1       1.9          11.0 
Impairment credit/(loss) on trade receivables            3.8       -            3.8      (9.2)     -            (9.2) 
Operating loss                                           (5.4)     (24.1)       (29.5)   (34.3)    (125.1)      (159.4) 
Finance income                                           -         -            -        0.2       -            0.2 
Finance expense                                          (7.2)     -            (7.2)    (7.7)     -            (7.7) 
Loss before tax                                          (12.6)    (24.1)       (36.7)   (41.8)    (125.1)      (166.9) 
Tax (expense)/credit                                10   (3.3)     3.9          0.6      6.1       17.4         23.5 
Loss for the period                                      (15.9)    (20.2)       (36.1)    (35.7)   (107.7)      (143.4) 
Attributable to: 
Owners of the Company                                    (15.9)    (20.2)       (36.1)   (35.7)    (107.7)      (143.4) 
 
Other comprehensive expense net of tax: 
Items that may be subsequently reclassified to 
profit or loss 
Currency translation differences                         12.1      -            12.1     (2.5)     -            (2.5) 
Total comprehensive expenses for the period              (3.8)     (20.2)       (24.0)   (38.2)    (107.7)      (145.9) 
Attributable to: 
Owners of the Company                                    (3.8)     (20.2)       (24.0)   (38.2)    (107.7)      (145.9) 
 
                                                         pence                  pence    pence                  pence 
                                                         per share              per      per share              per 
                                                                                share                           share 
Earnings per share: 
Basic                                               11   (19.4)                 (44.0)   (43.5)                 (174.9) 
Diluted                                             11   (19.4)                 (44.0)   (43.3)                 (174.1) 
 

* Adjusted and adjusting items are defined in Note 22.

2021 corresponds to the 52 weeks ended April 24, 2021 and 2020 corresponds to the 52 weeks ended April 25, 2020.

Balance sheet

to members of Superdry Plc Registration number: 07063562

                                                   Group 
                                                   24 April 25 April 
                                              Note 2021     2020 
                                                   GBPm       GBPm 
ASSETS 
Non-current assets 
Property, plant and equipment                 13   29.4     41.7 
Right of use assets                           17   91.1     118.0 
Intangible assets                             14   41.7     48.4 
Investments in subsidiaries                        -        - 
Deferred tax assets                                53.8     53.3 
Derivative financial instruments              20   0.3      0.1 
Total non-current assets                           216.3    261.5 
Current assets 
Inventories                                        148.3    158.7 
Trade and other receivables                        102.3    91.6 
Derivative financial instruments              20   2.4      2.5 
Current tax receivables                            4.0      6.8 
Cash and bank balances                             38.9     307.4 
Total current assets                               295.9    567.0 
LIABILITIES 
Current liabilities 
Borrowings                                         -        270.7 
Trade and other payables                           126.5    103.3 
Provisions for other liabilities and charges       6.2      4.2 
Derivative financial instruments              20   5.7      2.1 
Lease liabilities                             17   94.1     80.1 
Total current liabilities                          232.5    460.4 
Net current assets/(liabilities)                   63.4     106.6 
Non-current liabilities 
Trade and other payables                           1.2      2.2 
Provisions for other liabilities and charges       10.0     10.8 
Derivative financial instruments              20   1.5      0.2 
Deferred liabilities                               1.1      1.4 
Lease liabilities                             17   175.5    240.8 
Total non-current liabilities                      189.3    255.4 
Net assets                                         90.4     112.7 
EQUITY 
Share capital                                 21   4.1      4.1 
Share premium                                      149.2    149.1 
Translation reserve                                6.6      (5.5) 
Merger reserve                                     (302.5)  (302.5) 
Retained earnings                                  233.0    267.5 
Total equity                                       90.4     112.7 

Group cash flow statement

to members of Superdry Plc

                                                                 Group 
 
                                                            Note 2021   2020 
                                                                 GBPm     GBPm 
Cash generated from operating activities                    18   50.1   87.5 
Tax receipt/(payment)                                            2.5    (2.2) 
Net cash generated from operating activities                     52.6   85.3 
Cash flow from investing activities 
Investments in subsidiaries                                      -      - 
Purchase of property, plant and equipment                        (6.8)  (6.4) 
Purchase of intangible assets                                    (6.8)  (7.5) 
Proceeds from disposal of assets held for sale                   -      2.4 
Net cash used in investing activities                            (13.6) (11.5) 
Cash flow from financing activities 
Dividend payments                                           12   -      (3.4) 
Proceeds of issue of share capital                               0.1    - 
Draw down of Revolving Credit Facility                           -      (30.0) 
Repayment of Revolving Credit Facility                           -      30.0 
Net interest paid                                                (7.2)  (7.5) 
Repayment of leases - principal amount                      17   (39.9) (61.1) 
Net cash used in financing activities                            (47.0) (72.0) 
Net (decrease)/increase in cash and cash equivalents        19   (8.0)  1.8 
Net cash and cash equivalents/(debt) at beginning of period 19   36.7   35.9 

(MORE FOLLOWING) Dow Jones Newswires

September 16, 2021 02:00 ET (06:00 GMT)


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Liverpool and FSG to address transfer reality as Borussia Dortmund’s Jude Bellingham linked again http://freebassuk.com/liverpool-and-fsg-to-address-transfer-reality-as-borussia-dortmunds-jude-bellingham-linked-again/ http://freebassuk.com/liverpool-and-fsg-to-address-transfer-reality-as-borussia-dortmunds-jude-bellingham-linked-again/#respond Sat, 11 Sep 2021 06:00:00 +0000 http://freebassuk.com/liverpool-and-fsg-to-address-transfer-reality-as-borussia-dortmunds-jude-bellingham-linked-again/ There is a lot to love about Jude Bellingham. His technical ease. His fervent contagious energy on the pitch. And his unwavering admiration for Steven Gerrard. Not to mention his ability to dictate Champions League and international football matches as a mere teenager. For many Liverpool fans, Bellingham represents a dream transfer. However, as rumors […]]]>

There is a lot to love about Jude Bellingham. His technical ease. His fervent contagious energy on the pitch. And his unwavering admiration for Steven Gerrard. Not to mention his ability to dictate Champions League and international football matches as a mere teenager.

For many Liverpool fans, Bellingham represents a dream transfer.

However, as rumors circulate that Bellingham is being watched by Liverpool, fans have to come to terms with an uncomfortable truth.

On paper, Bellingham appears to be a fit player for the club system. He is a good presser. He is adept at advancing the ball in the right areas with its distribution and dribbling. And he’s starting to develop a knack for adding goals to his game.

Dubbed as a potential heir to Jordan Henderson, Bellingham can easily overtake the current Liverpool captain given his young age and potential.

But the truth is, Bellingham may already be unattainable for Liverpool given his price and status. And rumors can be just intangible speculation and nothing else.

First of all, it’s important to recognize that in recent years Borussia Dortmund have only let go of one key player at each window.

In 2018, it was Christian Pulisic, then in 2019 it was Abdou Diallo, and this summer Jadon Sancho left Signal Iduna Park. Dortmund have very rarely let two valuable assets go in the same summer.

This means that Bellingham is highly unlikely to move to new pasture next year.



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The summer of 2022 is already preparing for the departure of Erling Haaland, whose £ 68million release clause is expected to be activated.

With elite European clubs lining up to secure the Norwegian striker’s signature, it’s inevitable that Haaland will leave Blacks and Yellows that summer.

This rules out the possibility of Liverpool landing at Bellingham in 2022, meaning the first possible window to secure his signing would be in the summer of 2023.

But by then Dortmund will likely demand an even larger sum in order to part ways with the services of their precious asset.

Liverpool are likely to pay fees at least in the area of ​​United’s Jadon Sancho deal, estimated at around £ 73million. Dortmund could go even higher.

At the moment, it is impossible to see how Liverpool can afford such a figure.

Liverpool’s strategy is to sell to buy. With the club’s current assets, it’s hard to imagine that two years from now Liverpool will be able to accumulate enough funds for Bellingham, while making other additions to the squad.

It is just not in the club’s DNA to pay such a high fee and for this reason Bellingham does not appear to be a feasible option under FSG.

Liverpool will likely look for better value in the market and try to find a cheaper alternative instead.

This is what Liverpool did when they were excluded from their pursuit of Julian Brandt and opted for Mohamed Salah instead. Or when they pulled out of a deal to sign Timo Werner just to bring in Diogo Jota.

In the end, Liverpool fans might not have their favorite man, but missing Bellingham might not be a calamity.


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Breakdown of Square’s balance sheet http://freebassuk.com/breakdown-of-squares-balance-sheet/ http://freebassuk.com/breakdown-of-squares-balance-sheet/#respond Sat, 04 Sep 2021 12:11:00 +0000 http://freebassuk.com/breakdown-of-squares-balance-sheet/ Knowing how to read a balance sheet is an essential tool for all equity investors, and this is especially true when it comes to fast growing companies like Square (NYSE: SQ). In this Motley fool live Video clip, registered on 23 august, Fool.com contributor and certified financial planner Matt Frankel provides an overview of Square’s […]]]>

Knowing how to read a balance sheet is an essential tool for all equity investors, and this is especially true when it comes to fast growing companies like Square (NYSE: SQ). In this Motley fool live Video clip, registered on 23 august, Fool.com contributor and certified financial planner Matt Frankel provides an overview of Square’s track record and the key things investors need to know.

Matt Frankel: Each financial report has three different financial statements. You have the balance sheet, the income statement and the cash flow statement. For new investors in particular, I still consider the first two, the balance sheet and the income statement, to be the most telling. In terms of really trying to get a feel for the business. You can look at the cash flow statement, but I’ll be spending most of my time on the first two. On the balance sheet, the first thing to look at here, and I think you might see my milestone when I share my screen here, is the money a business has.

This is really important, especially for high growth companies that aren’t always profitable like Square was in the last quarter, but I wouldn’t call them a consistently profitable business at this point. They definitely favor growth over profits. You want to make sure the business has a ton of cash flow relative to its capital spending needs. Square has around $ 4.6 billion in cash, which is pretty impressive. They have a bunch of other different sources of short-term assets, but a lot of them aren’t really theirs, if you look four lines down, client funds, for example, the second biggest source , it’s the money that customers put into their money and stuff like that. The amount of cash, not the assets, but the cash and cash equivalents is really what they have to invest, to make acquisitions, to spend on marketing, things like that.

Going down to the next section. Your review is divided into two sections. You have assets at the top and liabilities here. Then at the bottom you have equity, where the same section is. The key figure to pay attention to in the liabilities. Many of the first lines are temporary phases. Customers pay is money they have on their balance sheet, but it goes to someone else. One of their clients as payment. Payables, accrued liabilities, things like that, PPP facility advances, obviously it’s a temporary thing that’s on the balance sheet. These are current liabilities. Current liabilities are generally defined as anything that is going to be due in a year. Ditto for short-term assets which are anything they could easily liquidate or which will become liquid in a year.

Long-term debt is the real telling number in this section. But with Square. I’ll put a big asterisk on it. At first glance, Square has $ 4.6 billion in cash and just over $ 4.8 billion in debt. Most of this debt is at very little interest. You will see on the next page what they are interested in. It is almost nothing. That’s because almost all of Square comes in the form of convertible bonds. This means that they sell bonds to people who pay very little interest, but with the promise of being able to convert them into common stock if the price goes up to a certain amount. To give just one example. In November, they made a convertible debt offer of $ 1 billion that pays 0.25% per annum. They pretty much get that money for free. It will be convertible into shares at a share price, that’s around $ 299. In the worst case, shareholders will end up deluding themselves a bit.

But for this to happen, the price of your action must increase significantly. It’s a win-win for everyone. In the meantime, they get this almost free capital to be able to grow with it. These are the key points to note on the balance sheet.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are heterogeneous! Questioning an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.


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Elliott Greenblott | Fraud Watch: To Stop Scammers From Committing Crimes, Use Defenses | Chroniclers http://freebassuk.com/elliott-greenblott-fraud-watch-to-stop-scammers-from-committing-crimes-use-defenses-chroniclers/ http://freebassuk.com/elliott-greenblott-fraud-watch-to-stop-scammers-from-committing-crimes-use-defenses-chroniclers/#respond Sat, 28 Aug 2021 13:00:00 +0000 http://freebassuk.com/elliott-greenblott-fraud-watch-to-stop-scammers-from-committing-crimes-use-defenses-chroniclers/ Identity theft is identified as the most common form of fraud reported in recent years. According to statistics, someone’s identity is stolen every two seconds. Does this worry me? Not really! It’s a reality that shook me when I first started exploring and researching frauds and scams, and while identity theft is still a real […]]]>

Identity theft is identified as the most common form of fraud reported in recent years. According to statistics, someone’s identity is stolen every two seconds. Does this worry me? Not really!

It’s a reality that shook me when I first started exploring and researching frauds and scams, and while identity theft is still a real threat, there is a clear reality: virtually everyone. is already a victim of identity theft.

Your personal information has been compromised, not once, but several times. Do you have accounts or have you shopped at Walmart, Apple, TJ Maxx, Marshalls, Microsoft, Bank of America, Walgreens, Walmart, Target, Amazon, or pretty much any national merchant? Your information has been compromised during data breaches. The same goes for your information held by the Census Bureau, IRS, Anthem Blue Cross, Google, Yahoo, and Facebook.

Let’s start by assuming that your identity has been compromised several times.

Criminals already have your Social Security number, driver’s license number, address, demographics, and more, and if you’re a homeowner, they likely know your home’s value, given that property records are often available online as public records.

The job is not to protect yourself from identity theft. This is to protect you against criminal use of your identity. This means taking two rather easy steps: Obtain copies of your credit report from the major credit bureaus: Equifax, Experian, and TransUnion. Free credit reports are available from many sources, but the best provider is annualcreditreport.com, or 877-322-8228.

This federally sanctioned site provides free copies of the reports from the three bureaus at no cost. Until April 2022, requests for a free copy can be made every week, but it’s really not necessary. Once every few months would be invaluable.

There are other places through which you can order free credit reports, including the credit bureaus themselves. If you choose to use any of these alternative sources, including LifeLock and FreeCreditReport.com, be prepared to see some strenuous efforts to sign up for other services, such as identity protection. Plus, signing up on some of these sites includes signing up for additional services, so read the fine print.

The second step in self-defense is to order a credit freeze with major credit bureaus.

A credit freeze, in effect, blocks access to your credit report to anyone other than you. This is a critical step in self-defense. Credit freezes prevent others from using the stolen identity to open new bank, credit card, or loan accounts. Your use of existing accounts is not hindered, and you can lift the freeze if you need to apply for additional credit, loan, lease, or purchase.

Credit freezes must be requested separately from each of the credit bureaus:

Equifax: equifax.com/personal/credit-report-services; 888-548-7878;

Experience : experian.com/freeze/center.html; 888-397-3742;

TransUnion: transunion.com/credit-freeze; 888-397-3742.

Note: You will be asked to provide your social security number.

If you’ve requested freezes, are you protected against scams and fraud? No! The real threat is when the criminal takes the stolen information and uses it to gain access to current assets and accounts. This is where phishing and identity theft pay off.

Using the information obtained, including phone numbers, email addresses, and demographics, the scammer assumes the identity of a business or agency and requests additional data, such as contact numbers. account and passwords.

For example, a scam website is created to impersonate your ISP’s website or Amazon’s website. You receive an email asking you to click on a link to verify your account, which takes you to a web page that looks legitimate. By entering the requested information, you authorize access to your account, allowing the criminal to change your username and password, then order new services or products for which you will be billed.

Your best defense against these crimes is to use a reliable contact, such as found on a known invoice or website, and ask if there is a problem. Do not use any of the contacts provided in the message you received.

Questions, concerns? Contact me at egreenblott@aarp.org

Elliott Greenblott is a retired educator and the Vermont coordinator of the AARP Fraud Watch Network.


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5 top-ranked liquid stocks to bet on for higher returns in 2021 – August 23, 2021 http://freebassuk.com/5-top-ranked-liquid-stocks-to-bet-on-for-higher-returns-in-2021-august-23-2021/ http://freebassuk.com/5-top-ranked-liquid-stocks-to-bet-on-for-higher-returns-in-2021-august-23-2021/#respond Mon, 23 Aug 2021 13:01:35 +0000 http://freebassuk.com/5-top-ranked-liquid-stocks-to-bet-on-for-higher-returns-in-2021-august-23-2021/ Identifying stocks that offer attractive returns can sometimes be tricky for investors. In such scenarios, one can consider liquidity levels which are a good indicator of a company’s financial health. Liquidity measures a company’s ability to honor short-term debts by converting assets into cash and cash equivalents. These stocks have always been on the radar […]]]>

Identifying stocks that offer attractive returns can sometimes be tricky for investors. In such scenarios, one can consider liquidity levels which are a good indicator of a company’s financial health.

Liquidity measures a company’s ability to honor short-term debts by converting assets into cash and cash equivalents. These stocks have always been on the radar of investors because of their potential to offer attractive returns.

Nevertheless, one should be careful before investing in a stock with a high level of liquidity, as this can also suggest that the company is not able to use the assets efficiently. Therefore, it is advisable to consider a company’s level of efficiency as well as liquidity to identify likely winners.

Measures to identify liquid stocks

Current ratio: It measures current assets against current liabilities. This ratio is used to measure a company’s potential to honor short and long term debts. So a current ratio – also known as the working capital ratio – less than 1 indicates that the business has more liabilities than assets. However, a current high ratio does not always indicate that the company is in good financial health. It can also indicate that the company has not used its assets in a meaningful way. Therefore, a range of 1 to 3 is considered ideal.

Quick report: Unlike the current ratio, the Quick Ratio – also known as the “Acid Test Ratio” or “Quick Asset Ratio” – indicates a company’s ability to pay its obligations in the short term. It considers stocks excluding current assets in relation to current liabilities. Like the current ratio, a quick ratio greater than 1 is desirable.

Cash ratio: This is the most conservative of the three ratios, as it takes into account cash and cash equivalents as well as funds invested versus current liabilities. It measures a company’s ability to honor its debts using the most liquid assets. While a cash ratio greater than 1 may indicate a healthy financial position, a higher number may indicate inefficiency in the use of cash.

Thus, a ratio greater than 1 is desirable at all times, but may not always adequately represent the financial condition of a business.

Screening parameters

In order to pick the best of the bunch, we added asset usage – a widely used measure of a business’s efficiency – as one of the selection criteria. Asset utilization is the ratio of total sales in the last 12 months to the average of the last four quarters of total assets. Although this ratio varies from sector to sector, companies with a higher ratio than their respective sectors can be considered efficient.

In order to ensure that these liquid and efficient stocks have strong growth potential, we have added our exclusive Growth Style Score to the screen.

Current Ratio, Quick Ratio and Cash Ratio between 1 and 3 (While liquidity ratios greater than 1 are desirable, significantly high ratios may indicate inefficiency.)

Use of assets above the industry average (Higher asset utilization than the industry average indicates a company’s efficiency.)

Zacks rank equal to # 1 (Only stocks with a strong buy rating can pass). You can see The full list of today’s Zacks # 1 Rank stocks here.

Growth score less than or equal to B (The back-tested results show that stocks with a Growth score of A or B when combined with a rank 1 or 2 of Zacks easily beat other stocks.)

These criteria reduced the universe from over 7,700 stocks to just 13

Here are five of the 13 actions that qualified the screen:

Based in Goleta, California, Deckers Outdoor Corporation (PLATFORM Free Report) is a leading designer, producer and manager of innovative niche footwear and accessories brands developed for outdoor sports as well as other lifestyle activities. The company sells products primarily under five exclusive brands: UGG, HOKA, Teva, Sanuk and Koolaburra. Zacks’ consensus estimate for FY2022 earnings is set at $ 15.65 per share, up 5.3% in the past 60 days. The company has a growth score of B and a surprise four-quarter profit of 1.136%, on average.

Based in Baltimore, Maryland, Medifast (MEAN Free Report) is a leading manufacturer and marketer of clinically proven healthy lifestyle products and programs. The Company produces, distributes and sells weight loss, weight management and healthy lifestyle products through its direct online channels as well as franchised weight control centers. Zacks’ consensus estimate for 2021 earnings is set at $ 13.83 per share, up 2.7% over the past 60 days. The company has a growth score of B and a surprise four-quarter earnings of 16%, on average.

Providence, based on IR Textron (SMS Free Report) is a global, multi-industry company that manufactures aircraft, automotive engine components and industrial tools. It also offers solutions and services for aircraft, fastening systems as well as industrial products and components. Its products include commercial and military helicopters, light and mid-size business jets, plastic fuel tanks, automotive refinishing products, golf carts and utility vehicles, turf car equipment, industrial pumps and gears, engineered fastening systems and solutions as well as other industrial products. Zacks’ consensus estimate for 2021 earnings is set at $ 3.28 per share, up 4.5% in the past 60 days. The company has a growth score of A and a surprise profit for the last four quarters of 37.4% on average.

Based in Norwalk, Connecticut, Terex Company (TEXAS Free Report) is a global manufacturer of aerial work platforms, material processing machines and cranes. It designs, manufactures and supports products used in construction, maintenance, manufacturing, energy, minerals and materials management applications. The company’s manufacturing facilities are located in the United States, Canada, Europe, Australia, Asia and South America. Zacks’ consensus estimate for 2021 earnings is set at $ 3.00 per share, up 18.1% in the past 60 days. The company has a growth score of A and a surprise four-quarter profit of 307.3%, on average.

Based in Santa Barbara, California, His bone (SO NO Free Report) is a consumer electronics company that is mainly involved in manufacturing smart speakers with immersive sound experience. The company is leveraging changing consumer technologies and entertainment trends to address customer audio consumption patterns that are largely characterized by the rapid adoption of voice assistants and streaming services. Zacks’ consensus estimate for FY2021 earnings is set at $ 1.11 per share, up 30.6% in the past 60 days. The company has a growth score of A and a surprise profit for the last four quarters of 297.3%, on average.

Get the remaining stocks on the list and start testing this idea and others. All of this can be done with Research Wizard stock picking and backtesting software.

The research assistant is a great place to start. It’s easy to use. Everything is in plain language. And it’s very intuitive. Start your research assistant trial today. And the next time you read an economic report, open the research assistant, plug in your findings, and see what gems come out of it.

Click here to sign up for a free trial of the Research Assistant today.

Disclosure: Officers, directors and / or employees of Zacks Investment Research may own or have sold securities short and / or hold long and / or short positions in options mentioned in this document. An affiliated investment advisory firm may own or have sold securities short and / or hold long and / or short positions in options mentioned in this document.

Disclosure: Information on the performance of Zacks’ portfolios and strategies is available at: https://www.zacks.com/performance.


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Blueprint for Emissions Reduction: Major Industrial Policy Changes Needed for Australia to Reach Net Zero | Greenhouse gas emissions http://freebassuk.com/blueprint-for-emissions-reduction-major-industrial-policy-changes-needed-for-australia-to-reach-net-zero-greenhouse-gas-emissions/ http://freebassuk.com/blueprint-for-emissions-reduction-major-industrial-policy-changes-needed-for-australia-to-reach-net-zero-greenhouse-gas-emissions/#respond Sun, 22 Aug 2021 17:31:00 +0000 http://freebassuk.com/blueprint-for-emissions-reduction-major-industrial-policy-changes-needed-for-australia-to-reach-net-zero-greenhouse-gas-emissions/ Greenhouse gas emissions from Australian industrial sites have increased 24% since 2005, and must be addressed now if the country is to have a chance of reaching net zero by 2050, according to a new report. The Melbourne-based think tank Grattan Institute has released a plan to cut emissions from major industries, citing government projections […]]]>

Greenhouse gas emissions from Australian industrial sites have increased 24% since 2005, and must be addressed now if the country is to have a chance of reaching net zero by 2050, according to a new report.

The Melbourne-based think tank Grattan Institute has released a plan to cut emissions from major industries, citing government projections that, without action, they are expected to stay around current levels until 2030.

It recommends policy changes such as improving Australia’s failing ‘safeguard mechanism’, creating an ‘industrial transformation future fund’ similar in design to the national green bank and expansion of state energy saving programs.

The report found that an economy-wide carbon price backed by technological development support would be the most effective way to reduce emissions, but found this “politically out of reach” and focused on policies which, according to the institute, could be introduced within the framework of the Coalition or the Labor Party. .

It was released as the Morrison government invited industry to comment on the design of a promised new ‘back-up credit facility’ that it says will help large energy-using companies adopt new ones. technologies to reduce costs and emissions.

Emissions Reduction Minister Angus Taylor said the new mechanism – which was signaled last year following a government climate policy review led by the former chairman of the Business Council of Australia, Grant King – would award carbon credits to industry for “transformative reduction projects”.

If successful, he could respond to criticism of how the safeguard mechanism works, which was introduced under Tony Abbott to limit industrial emissions, but which in practice has allowed companies to repeatedly increase pollution. without penalty. Critics have expressed concern that large emitters will receive government aid for little public benefit if they are not well designed.

The government allocated $ 279.9 million in the May budget for the new mechanism.

The industrial sector, not counting electricity production, is responsible for 31% of Australian emissions. This proportion has increased as annual industrial emissions increased from 130 million tonnes in 2005 to 162 million tonnes in 2019.

This increase is mainly attributable to an expansion in gas and coal exports. Government projections released in December suggest that industrial emissions are still expected to be at 2019 levels by 2030. Scientists, political leaders and diplomats have said global emissions must be halved by then for the world to be on track to achieve the goals. objectives of the Paris agreement.

Tony Wood, director of energy and climate change policy at the Grattan Institute, said every decision the industry makes will impact emissions for decades. Governments had to “send the right signals,” he said.

“Current policies exert little or no downward pressure on emissions, nor do they encourage the development of new industrial capacity with low or zero emissions,” he said in the report.

“From now on, any decision to renew, renovate or build an industrial asset potentially blocks emissions for decades to come. Making these good decisions will be essential to achieve net zero. “

The Grattan report divided industrial emissions into three main groups: fugitive emissions that escape during the extraction of fossil fuels, emissions from the combustion of coal, gas and petroleum products, and emissions released during the extraction of fossil fuels. of chemical reactions in manufacturing plants.

While Australia has thousands of industrial facilities, the overwhelming majority of current industrial emissions come from 194 large facilities covered by the Safeguard Mechanism.

Prime Minister Scott Morrison and Minister of Emissions Angus Taylor during a visit to Ampol’s Lytton refinery in Brisbane in May. Photograph: Darren England / AAP

The report recommended transforming the safeguard. He said companies should be set emission limits – called benchmarks – that reflect their current pollution, not inflated estimates of what it might be, and benchmarks should be lowered over time. time in accordance with emissions targets.

He said there should be no exemptions and any new installation should be given benchmarks that are significantly lower than the current industry average. Companies should be rewarded financially for their emissions below their baseline, but only if the baseline was difficult to achieve based on current production, he said.

Taylor said in a statement on Sunday that the King Review recommended the government establish a system in which companies could receive carbon credits for emission reductions below their baseline, and he would now begin consulting industry on how best to implement it and “maximize co-investment”.

The Grattan report also recommended the creation of a Transformation Futures Fund to provide loans for the replacement of industrial assets with low-emission alternatives. The fund could be similar to the Clean Energy Finance Corporation, but would not be required to generate a return on loans and would use both government and private sector money.

For small and medium-sized industrial facilities, he suggested expanding and coordinating existing state energy efficiency programs and encouraging the use of instantaneous asset write-off to replace old polluting technologies with newer and cleaner versions. Wood said reaching net zero would require an “unprecedented rate of asset replacement and renewal, from now on.”

The Grattan report said there was a significant economic opportunity for Australia’s industry if the country acted to expand the export of essential minerals in low-emission technology. If the country maintained its current share of the world market, exports of copper, nickel, lithium, graphite and cobalt would bring in by 2050 double the income generated today from coal exports.

The Grattan Institute report is one of five the organization is releasing ahead of the Cop26 climate summit in Glasgow in November. A transport emissions report released in July recommended phasing out sales of new gasoline and diesel cars by 2035 if Australia was to have a chance of reaching net zero by 2050. He said that this could be achieved by gradually tightening a new emission limit for light vehicles. , and suggesting removing the stamp duty on electric cars would reduce their price by 6.5%.

Like industrial emissions, transportation emissions have increased significantly since 2005, the baseline year against which the Morrison government pledged to reduce emissions.


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The Long-Term Care Enigma | Nasdaq http://freebassuk.com/the-long-term-care-enigma-nasdaq/ http://freebassuk.com/the-long-term-care-enigma-nasdaq/#respond Sun, 22 Aug 2021 08:30:05 +0000 http://freebassuk.com/the-long-term-care-enigma-nasdaq/ THELong term care insurance, or LTC, helps pay for the cost of home health care or a nursing home. It also covers prolonged illness or disability. While LTC coverage can be great for retirees, premiums have started to rise in recent years, making it a difficult expense for those with limited income. So how do […]]]>

THELong term care insurance, or LTC, helps pay for the cost of home health care or a nursing home. It also covers prolonged illness or disability. While LTC coverage can be great for retirees, premiums have started to rise in recent years, making it a difficult expense for those with limited income.

So how do you determine the best way to prepare for the costs of long term care in retirement? Here are two factors you should consider.

Would you prefer a long term care facility or home care?

Before determining the type of insurance you want, you need to determine the likely cost of long-term care. A good first step is to identify where you want to live. The average cost of living in a retirement home in the United States is $ 93,075 per year ($ 255 per day) in a semi-private room and $ 105,850 ($ 290 per day) in a private room. By 2030, these costs are expected to reach $ 125,085 and $ 142,254, respectively. I recommend visiting long term care facilities in your area to see how much they cost and determine if you can consider living there.

What if you wanted to live in your own home? You can maintain this comfort and familiarity by hiring someone to come to your home. The average price for home care is $ 53,768 per year. The average price of home care is slightly higher at $ 54,912 per year.

Should you choose traditional long-term care insurance or a hybrid plan?

Once you’ve decided where you want to live, the next step is to decide if you can self-insure the cost, essentially determining whether you can use some of your current assets to pay for those care expenses. long-lasting if necessary. I recommend thinking about this in a simulation context: “If I go to a long-term care facility for ‘x’ years at ‘y’ cost, can I pay that cost without affecting my other goals? of retirement ? If the answer is yes, self-insurance will probably be the most cost-effective and flexible solution to cover a possible LTC expense.

If the answer is no, but you have significant liquid assets held outside qualified retirement accounts, a hybrid LTC insurance policy might be an alternative solution. These insurance policies are designed to provide LTC benefits, but are backed by whole life insurance. After paying a one-time initial premium, if you need LTC, the policy pays a specified monthly benefit for a predetermined number of years. If you no longer need long-term care or if you decide to stop insuring the risk at any time, you will get your original premium back. Hybrid long-term care policies tend to have a more transparent and flexible cost structure than a traditional long-term care policy.

Also consider the likelihood that your rates will increase over the life of your policy. A 2019 report claims General Electric does not have enough funds to cover claims from its long-term insurance plans. As a result, the company plans to increase premiums by $ 1.7 billion over the next 10 years. Many companies are doing the same. In this case, if you are unable to pay your premium, your policy will expire and you will not be able to recover anything.

I recommend speaking to a certified financial planner to determine the best option for you.

Defined Financial Planning LLC (“DFP”) is a registered investment adviser providing advisory services in the States of California, Nevada and other jurisdictions where it is exempt. Life insurance policies are contracts between your client and an insurance company. Guarantees for life insurance products are based on the financial strength and claims settlement capacity of the issuing insurer. Living benefits and LTC riders are not available on all index universal life insurance products and may not be available in all states. Adding an accelerated death benefit or LTC rider may require additional fees. Accelerated death benefits and LTC riders are subject to eligibility criteria. A public relations firm was paid to assist with media placement.
California Insurance License # 0L77279 and # 4042728.
Certified Financial Planner Board of Standards Inc. (CFP Board) holds the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER ™ certification mark and the CFP® certification mark logo (with plaque) in the United States, which it authorizes use by those who meet the initial and continuing certification requirements of the CFP Board.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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5 best performing liquid stocks to grab for higher returns – August 6, 2021 http://freebassuk.com/5-best-performing-liquid-stocks-to-grab-for-higher-returns-august-6-2021/ http://freebassuk.com/5-best-performing-liquid-stocks-to-grab-for-higher-returns-august-6-2021/#respond Fri, 06 Aug 2021 13:31:30 +0000 http://freebassuk.com/5-best-performing-liquid-stocks-to-grab-for-higher-returns-august-6-2021/ Investors looking for healthy returns can benefit by adding stocks with favorable liquidity levels to their portfolio. Liquidity levels are a good indicator of the financial health of a business. Liquidity measures the company’s ability to honor short-term debts by converting assets into cash and cash equivalents. However, one should be careful before adding such […]]]>

Investors looking for healthy returns can benefit by adding stocks with favorable liquidity levels to their portfolio. Liquidity levels are a good indicator of the financial health of a business.

Liquidity measures the company’s ability to honor short-term debts by converting assets into cash and cash equivalents.

However, one should be careful before adding such stocks to their investment portfolio. While a high level of liquidity may indicate that the business is paying its dues at a faster rate than its peers, it may also suggest that the business is not using resources competently.

Therefore, it is advisable to consider a company’s level of efficiency in addition to its liquidity to identify potential winners. An efficient business with a favorable level of liquidity can prove to be a lucrative addition to your portfolio.

Measures to identify liquid stocks

Current ratio: It measures current assets against current liabilities. This ratio is used to measure a company’s potential to honor short and long term debts. So a current ratio – also known as the working capital ratio – less than 1 indicates that the business has more liabilities than assets. However, a current high ratio does not always indicate that the company is in good financial health. It can also mean that the company has not used its assets to a significant extent. Therefore, a range of 1 to 3 is considered ideal.

Quick report: Unlike the current ratio, the Quick Ratio – also known as the “Acid Test Ratio” or “Quick Asset Ratio” – indicates a company’s ability to pay its obligations in the short term. It considers stocks excluding current assets in relation to current liabilities. Like the current ratio, a quick ratio greater than 1 is desirable.

Cash ratio: This is the most conservative of the three ratios, as it only takes into account cash and cash equivalents as well as funds invested versus current liabilities. It measures a company’s ability to honor current debts using the most liquid assets. While a cash ratio greater than 1 may indicate a healthy financial position, a higher number may indicate inefficiency in the use of cash.

Thus, a ratio greater than 1 is desirable at all times, but may not always adequately represent the financial condition of a business.

Screening parameters

In order to pick the best of the bunch, we added asset usage – a widely used measure of a business’s efficiency – as one of the selection criteria. Asset utilization is the ratio of total sales in the last 12 months to the average of the last four quarters of total assets. Although this ratio varies from sector to sector, companies with a higher ratio than their respective sectors can be considered efficient.

In order to ensure that these liquid and efficient stocks have strong growth potential, we have added our exclusive Growth Style Score to the screen.

Current Ratio, Quick Ratio and Cash Ratio between 1 and 3 (While liquidity ratios greater than 1 are desirable, significantly high ratios may indicate inefficiency.)

Use of assets above the industry average (Higher asset utilization than the industry average indicates a company’s efficiency.)

Zacks rank equal to # 1 (Only stocks with a strong buy rating can pass). You can see The full list of today’s Zacks # 1 Rank stocks here.

Growth score less than or equal to B (The back-tested results show that stocks with a Growth score of A or B when combined with a rank 1 or 2 of Zacks easily beat other stocks.)

These criteria reduced the universe from over 7,700 stocks to just 14

Here are five of the 14 actions that qualified the screen:

Based in Houston, Texas, Magnolia Oil and Gas (MGY Free Report) is an independent upstream operator engaged in the exploration, development and production of natural gas, crude oil as well as natural gas liquids. The company is focused on the Eagle Ford Shale and Austin Chalk formations in South Texas. Zacks’ consensus estimate for 2021 earnings is set at $ 1.95 per share, up 45.5% in the past 60 days. The company has a growth score of B and a surprise profit for the last four quarters of 39.3% on average.

Based in Baltimore, Maryland, Medifast (MEDIUM Free Report) is a leading manufacturer and marketer of clinically proven healthy lifestyle products and programs. The Company produces, distributes and sells weight loss, weight management and healthy lifestyle products through its direct online channels as well as franchised weight control centers. Zacks’ consensus estimate for its 2021 earnings is set at $ 13.74 per share, up 0.9% over the past 60 days. The company has a growth score of B and a surprise four-quarter earnings of 16%, on average.

Providence, based on IR Textron (SMS Free Report) is a global, multi-industry company that manufactures aircraft, automotive engine components and industrial tools. It also offers solutions and services for aircraft, fastening systems as well as industrial products and components. Its products include commercial and military helicopters, light and mid-size business jets, plastic fuel tanks, automotive refinishing products, golf carts and utility vehicles, turf car equipment, industrial pumps and gears, fasteners and engineering solutions as well as other products. Zacks’ consensus estimate for 2021 earnings is set at $ 3.28 per share, up 6.8% in the past 60 days. The company has a growth score of A and a surprise profit for the last four quarters of 37.4% on average.

Based in Houston, Texas, ConocoPhillips (COP Free Report) is primarily involved in the exploration and production of petroleum and natural gas. Considering proven reserves and production, the company is the world’s largest explorer and producer. The company has a strong presence in both conventional and unconventional games in 16 countries. Zacks’ consensus estimate for 2021 earnings is set at $ 4.81 per share, up 44% in the past 60 days. The company has a growth score of B and a surprise four-quarter profit of 8.3%, on average.

Based in Long Island City, NY, Steven madden (SHOOT Free Report) is engaged in the design, supply and sale of fashionable brand and private label shoes for men, women and children, as well as private label fashion handbags and accessories through the world. Zacks’ consensus estimate for 2021 earnings is set at $ 2.08 per share, up 24.6% in the past 60 days. The company has a growth score of A and a surprise profit for the last four quarters of 56.2%, on average.

Get the remaining stocks on the list and start testing this idea and others. All of this can be done with Research Wizard stock picking and backtesting software.

The research assistant is a great place to start. It’s easy to use. Everything is in plain language. And it’s very intuitive. Start your research assistant trial today. And the next time you read an economic report, open the research assistant, plug in your findings, and see what gems come out of it.

Click here to sign up for a free trial of the Research Assistant today.

Disclosure: Officers, directors and / or employees of Zacks Investment Research may own or have sold securities short and / or hold long and / or short positions in options mentioned in this document. An affiliated investment advisory firm may own or have sold securities short and / or hold long and / or short positions in options mentioned in this document.

Disclosure: Information on the performance of Zacks’ portfolios and strategies is available at: https://www.zacks.com/performance


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