Ravi Nagdev’s Post

💧 Understanding the Current Ratio 💧 The current ratio measures a company's ability to cover its short-term liabilities with its short-term assets. It is calculated as: Current Ratio = Current Assets / Current Liabilities A ratio above 1 indicates that the company can meet its short-term obligations. However, a very high ratio may suggest inefficient use of assets. 📊 Statistics: According to Morningstar, the average current ratio for companies in the S&P 500 was approximately 1.5 in 2022, indicating a balanced ability to cover short-term liabilities . Example: Apple Inc. (AAPL) had a current ratio of 1.07 as of September 2022, showing it had enough short-term assets to cover its short-term liabilities. Decision Impact: A solid current ratio can affect decisions such as securing short-term financing and managing working capital effectively. #CurrentRatio #Liquidity #FinancialHealth #IFRSStratfinancialAdvisory

Sasfin Wealth's Taking Stock brings you the latest market updates in one snapshot. In today's Taking Stock, Taiwan's Foxconn, renowned as the world's largest contract electronics manufacturer and the primary assembler for Apple's iPhones, announced an anticipated increase in second-quarter revenue following a period that fell short of market expectations. #SasfinWealth2024 #TakingStock #MarketUpdates https://lnkd.in/djFezYUN

Investment Idea : Apple 4.1% 2062 Bond Basis of the trade: Unprecedented hike in the Fed discount rate by the Federal Reserve in between March 15,2022 to July 25,2023 from 0.25% to 5.5% has resulted in significant correction in the prices of " Long Term Bonds" and created significant trading opportunities. Given below is the case of note issued by Apple Inc. in 2020 which matures in 2062. Name: Apple 2062, 4.1% Note  ISIN   US037833E75 Issuer  Apple Inc. Size  1.24 Billion US Dollars Issue Price 99.65 Coupon 4.1% Denomination 1000 Coupon Payment  February and August Final Coupon date 8/7/2062 Callable bond: Call date, February, 08, 2062. Bond may be called before the call date at the discretion of the issuer. Details of call date and withholding tax is present in the web link given below.   https://lnkd.in/difBvYKm Trading Idea Current price : 80 Coupon = $4.10 per annum Future price = 95 Tenure = 3 year Yield per year 10.78% Sources : Business Insider and SEC Disclaimer: The projection is based on my personal view. Some clients of Meadowbank have ownership in the common stocks of Apple Inc. I don't have any personal ownership of Apple common stock, bond, note directly or indirectly via any derivative. Meadowbank does not have any Investment banking or market making relationship with Apple Inc. This post is not a solicitation to take position in the above mentioned note directly or indirectly. Chart

I will remember the quarter bygone for a very long time. Probably the toughest one for me in almost 6 years at helm of the unit. Utter chaos considering new circulars especially related to treatment of deferred tax assets into core capital. I felt pressure with first time implementation of NFRS09-ECL guidelines and relevant changes in clauses related to income recognition. Total confusion and incoherence among peer banks with regard to suspension of overdue interest and subsequent reflection on CAR. Extreme tightness with regard to deadlines for ECL computation along with widespread confusions with regard to effective interest rate computation based on which interest income was ought to be recognized for stage 1 and stage 2 accounts. While nobody is incorrect in their own interpretations, for the first time, I will not be interested in and would not compare the financials of banks for the first quarter as there would not be apple to apple comparisons in top line of P/L with regards to applicability of interest recognition as per ECL guidelines issued by the regulator.

Apple (AAPL) is scheduled to release earnings today after market close Equity Traders: -Look for short trades between $180.00-$185.00 -Look for long trades between $165.50-$159.33 Option traders: Sell the 185/190 Vertical Call Spread Or Sell the 160/155 Vertical Put Spread  Investors wanting to own (AAPL) sell cash secured puts at 165 or below. Want to learn the strategies and techniques we use to identify potential opportunities go to www.spltradingllc.com The trading opportunities mentioned are informational and not intended as personal financial advice, conduct your own due diligence, all trades involve risk, there is no guarantee of ROI, a potential loss of capital exists with any trade. #optionstrading #tradingstrategies #earnings #wealthmanagement #wealthcreation #financialeducation #spltradingllc

“Apple has agreed to pay $490mn to settle a class action accusing chief executive Tim Cook of misleading investors in 2018 by exaggerating demand for the iPhone in China. Investors claimed Cook overstated demand for Apple’s products in the country on a November 2018 earnings call, only for the company’s stock to fall almost 10 per cent in January 2019 when it said it would miss its revenue guidance by as much as $9bn. Apple declined to comment on Friday. It has denied violating US securities law. The settlement still requires approval from the California federal judge overseeing the case. According to data from Deutsche Börse-owned Institutional Shareholder Services, it would mark Apple’s largest US securities fraud class action settlement. The years-long securities litigation, led by the UK’s Norfolk County Council, came after a rare and unexpected warning Apple issued on Chinese sales in January 2019.” “It was the first cut to Apple’s revenue forecast in 16 years and sent its shares sliding. At the time, China’s overall economic growth was slowing amid a trade war with the US administration of Donald Trump. The investors suing Apple claimed that Cook had downplayed concerns about China, citing a ‘strong’ recent quarter in the region. They further claimed that on the same call Cook overstated the success of new iPhone models, only to start cutting production days later. The settlement highlights the legal risks companies face when issuing revenue guidance. Since the Covid-19 pandemic, Apple has not offered formal guidance in its quarterly earnings statements, and its overall approach to disclosures has drawn some criticism for a lack of transparency with investors. Last month two of Apple’s biggest shareholders backed a motion requiring it to disclose more detail about its work in the artificial intelligence space and the risks arising from it.” “The motion failed to pass. ‘Apple has a pattern of increasingly non-transparent disclosure practices, and we rate them worst in class in terms of quality of disclosure among the major tech platforms,’ said Nicholas Rodelli at CFRA Research, pointing to Apple’s decision to stop disclosing iPhone unit sales in 2018. Gene Munster at Deepwater Asset Management said he was surprised by Apple’s decision to settle the case, given companies commonly offer commentary on market trends. Such lawsuits act as a further disincentive for companies like Apple to offer forward-looking guidance, he said: ‘I think at the end of the day it’s a win for a small number of investors and a loss for the whole market.’ The settlement comes as Apple once again faces uncertainty over iPhone sales in China amid US-China geopolitical tensions and growing smartphone competition from Huawei.”

Corporate news of note this morning to us are that Demand for iPhones helped Apple post record sales for the fourth quarter, surpassing Wall Street expectations; overall sales surged to $94.9bn in the three months to the end of September. A strong performance from Shell’s gas business bolstered its third-quarter profits and paved the way for the energy giant to hand back a further $3.5bn to stock market investors through a share buyback. Meanwhile, in the UK, a minnow of the investment world, Shell has called on the government to ‘provide certainty’ over the future of the North Sea after the chancellor confirmed plans to toughen its windfall tax on oil and gas profits. Whilst the new UK Government, using petty politics, shuns important business, we note that Elon Musk has entered talks with big investors in the Middle East on a fundraising for his start-up xAI that could double the valuation of the one-year-old AI company to about $45bn.  Intel cheered investors on Thursday as it forecast current-quarter revenue above estimates and beat expectations for the third quarter; the chipmaker’s shares rose 9.6% in after-hours trading in New York. A lot of the good news is US based, to be expected. Over her in the UK, the future is less than obvious. Rachel Reeves could need £9bn of further tax increases to avoid a fresh round of austerity for some struggling public services, despite her first budget setting out the largest rise in a generation, the Institute for Fiscal Studies has said. Growth is out there, IF, and I do mean IF, there is any astute person in the government capable of knowing where and how to look.

The banks financing Intel's debt and Biden's Chips Act are very likely looking at the prospectus provided when they agreed to finance $18 to $20B in debt. The terms and penalties are pretty draconian and will result in a combination of increased interest and/or Intel having to tender up to 50% of the shares they bought back with a $110B approval by the board. If these were marked to market they'd be worth less than $40B.

WOW! 106% return! Double your money! We always encounter marketing that promotes the best, but a coin has two sides. Do you find out more instead of relying on past performance alone? Let's compare this to its peers. Public e-Artificial Intelligence Tech vs TA Global Technology MYR: Calendar Performance: 2021: 14.89% vs 19.77% 2022: -36.62% vs -29.77% 2023 57.63% vs 52.54% YTD 27.89% vs 23.92% Assuming you start with 1,000, you receive 1,467.95 for the Public Mutual, whereas 1,5890.00 for the TA. While the differences are not significant in choosing "The Best-In-Breed" (Apple To Apple Comparison), what is important here is what you did in 2022 when growth equity, such as the tech sector, was in a bloodbath. Many could sit on it and wait for recovery; some would sell at a loss due to fear. Then, could this fund double again in 18 months moving forward? Investing is not just about return but also about managing risk and emotion and knowing what to do next during bear and bull cycles. Source: Public Mutual Agent #residentadvisor #finkidz #financialwazer #finwealthmanagement

Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period Warren Buffett and Berkshire Hathaway $BRK.B currently own ~$69.9 Billion worth of Apple $AAPL as of the end of Q3 down from $84.2B worth as of the end of Q2 Warren Buffett and Berkshire Hathaway $BRK.B currently own more than $288 Billion worth of US Treasury Bills ... the Fed has ~$195B worth of Treasury Bills Warren Buffett and Berkshire Hathaway's $BRK.B cash pile just hit a new ALL TIME HIGH of $325.2 Billion as of the end of Q3 up from $276.9B as of the end of Q2 #warrenbuffet #earnings #berkshirehataway #aaple #cash #treasurybill #leader source : cnbc,evan