garfield Posted November 29, 2012 Author Share Posted November 29, 2012 On a cash flow (revenue minus expenses) basis, Crown showed a gain in 2009, a loss in 2010, and a smaller loss in 2011. This begs the question of how much of a cushion, or "safety net", Crown has to offset its losses and sustain the corps.. The balance sheet will show the answer. Quote Link to comment Share on other sites More sharing options...
garfield Posted November 29, 2012 Author Share Posted November 29, 2012 Carolina Crown Balance Sheet Total Assets 2009: $543,683 2010: $721,214 (plus $177,531 [32.3%] from 2009) 2011: $759,826 (plus $38,612 [5.4%] from 2010, plus $215,603 [39.6%] from 2009) Quote Link to comment Share on other sites More sharing options...
garfield Posted November 29, 2012 Author Share Posted November 29, 2012 Caolina Crown Balance Sheet Total Liabilities 2009: $468,541 2010: $622,321 (plus $153,780 [32.8%] from 2009) 2011: $702,597 (plus $80,276 [12.9%] from 2010, plus $234,056 [49.5%] from 2009) Quote Link to comment Share on other sites More sharing options...
garfield Posted November 29, 2012 Author Share Posted November 29, 2012 (edited) Carolina Crown Balance Sheet Total Net Assets 2009: $75,142 2010: $98,893 2011: $57,229 Based on these numbers, it appears as though Crown doesn't have much of a cushion to pay for a shortfall in annual cash flow. But items such as cash, accounts receivable, and unsold inventories make a significant difference if they can be used to meet a net revenue shortfall for a year or two. After a good night's sleep, I'll dig into these balances to see if Crown has more cash flow cushion than is shown above. Edited December 14, 2012 by garfield Quote Link to comment Share on other sites More sharing options...
PunkRawkBandGeek Posted November 29, 2012 Share Posted November 29, 2012 Rated five stars, Garfield! Thanks again for shining light on things for us unenlightened Quote Link to comment Share on other sites More sharing options...
Jeff Ream Posted November 29, 2012 Share Posted November 29, 2012 Seems like the best option at the time to me. not that press box Quote Link to comment Share on other sites More sharing options...
Jeff Ream Posted November 29, 2012 Share Posted November 29, 2012 Happy to oblige. Aren't we all out here because we've got too much time on our hands? Peace, all in good fun... Fred O. no I come here to avoid doing other things Quote Link to comment Share on other sites More sharing options...
drumno5 Posted November 29, 2012 Share Posted November 29, 2012 no I come here to avoid doing other things Yeah, there's also that. :) Quote Link to comment Share on other sites More sharing options...
Ghost Posted November 29, 2012 Share Posted November 29, 2012 (edited) Thanks again for shining light on things for us unenlightened :music:/>/>/> You've made Brasso and Mike Boo very happy with your reply. Edited November 29, 2012 by Ghost Quote Link to comment Share on other sites More sharing options...
garfield Posted November 29, 2012 Author Share Posted November 29, 2012 Carolina Crown Balance Sheet Assets Cash (non-interest-bearing) 2009: $121,215 2010: $111,995 2011: $161,704 (Huh? "non-interest-bearing"? As an investment guy, this makes my skin crawl.) Quote Link to comment Share on other sites More sharing options...
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