Saturday, December 19, 2020 2:51:55 PM
LOOK at these cw stats:
That should show up in book value which you don’t even list. That’s likely because it’s less than half of the share price. Should be say over inflated price?
Taking a look at TTM.
Return on Assets NEG- 15 percent
Return on Equity NEG- 26 percent
Profitability NEG- 68 percent
Operating Cash Flow NEG- 52 mil
Total Debt NEG- 24 mil
Gross Profit 39 mil - Operating Expense 107 mil = Operating Income of – 68 mil
Roughly for every 2 dollars cw sells it cost them 3
EBITDA NEG- 42 mil
The only thing there building is a case for is bankruptcy with those numbers.
No doubt you will mention that CW will be profitable next year {carrot} just like last year at this time they will be making 80 mil more than they did {last year’s carrot} However the share price yr. over yr. shows that the shareholders didn’t exactly fall for it. PPS drop.
Which leads to the end of the story -- Free Cash Flow – NEG- 78 million dollars. OUCH OUCH OUCH
The difference between genius and stupidity is, Genius has its limits.
Albert Einstein
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