RE: Energy Transition28 Sep 2021 16:49
uffaaaaaa
Just saying that cash flow is mostly used to asses if a company as the ability to pay debits or borrowing more, like when refinancing etc.
No doubt a positive cash in flow is a good thing, but is not the best indicator to affect a sp.
Indeed possibly the best indicator has not even much to do with internal accounting of a company, but as to do with market trends of a commodity, this is why often even companies sp that make zero cash or are full of debit, shot up.
And this is why I am more focused with gas, coal price and geopolitics, rather than how much cash Tga is or will make.
In that sense though if you like to go on about cash flow, it would be useful to compare it with peers, like I and on other poster mentioned few moons ago.
But for profitability, gross and net margins, net profit, debit reduction, shares repurchase etc, can all be as much if not more useful than cash flow, it all depends on the numbers.