What Warren Buffett Can Teach Investors About Capital Intensity Analysis
“We still love a business that takes very little capital and, earns high returns, and continues to grow, and requires very little incremental capital.” ~ Warren Buffett Determining and understanding the capital intensity of a business will help you find great investments. A crucial aspect of business analysis involves examining the business model. The analysis […]
Free Cash Flow vs. Adjusted EBITDA
Executives of public companies like to paint their businesses in a positive light. When communicating with investors – a process known as investor relations – they will make various adjustments to their financial statements to try and convince Wall Street to buy stakes in their businesses. The most popular of these is adjusted EBITDA. You’ve […]
