Accounting Equation – Tomasz Pietak http://www.tomaszpietak.com/ Thu, 06 Jan 2022 10:16:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://www.tomaszpietak.com/wp-content/uploads/2021/08/Tomasz-Pietak-icon-150x150.jpg Accounting Equation – Tomasz Pietak http://www.tomaszpietak.com/ 32 32 How the 49ers front office hit the jackpot while rebuilding their defensive line https://www.tomaszpietak.com/how-the-49ers-front-office-hit-the-jackpot-while-rebuilding-their-defensive-line/ Wed, 05 Jan 2022 17:30:00 +0000 https://www.tomaszpietak.com/how-the-49ers-front-office-hit-the-jackpot-while-rebuilding-their-defensive-line/ Since taking office in January 2017, Kyle Shanahan and John Lynch have made no secret of their belief in building a strong defensive line capable of harassing opposing quarterbacks as a priority. We have seen this team spirit fueling a super bowl place in 2019, when an incredibly talented team were objectively led by one […]]]>

Since taking office in January 2017, Kyle Shanahan and John Lynch have made no secret of their belief in building a strong defensive line capable of harassing opposing quarterbacks as a priority. We have seen this team spirit fueling a super bowl place in 2019, when an incredibly talented team were objectively led by one of the best forward-fours the NFL has ever seen.

Sadly, nothing lasts forever in this league, and the high octane defensive line that led to so much success was doomed to drop a few coins over time. It played out much sooner than anyone would have liked, as soon half of that once-dominant unit was no longer part of the equation. DeForest Buckner moved before 2020 nfl draft, and Dee Ford has struggled to stay on the pitch for the past two seasons due to a string of injuries.

So now the 49ers front office was faced with an almost impossible task. They replaced the production of two bowl pro caliber players with limited space and draft capital to acquire the players they would ultimately need to fill that void. A great demand for any organization, but a challenge that the brass of the 49ers not only took head on, but absolutely wiped out the park with acquisitions that produced a significant return on investment.

While the 49ers don’t have the same level of high-end defensive line talent that propelled them to great heights a few seasons ago, they now possess a massive amount of above-average depth that has manifested itself in an extremely efficient spin that sends wave after wave of rushing fierce passes to opposing quarterbacks. Let’s take a closer look at these acquisitions and how they’ve evolved since joining the 49ers.

Key to the Ardennes

I start with Key because aside from the clear impact he had on this team, I think he best illustrates the type of player the 49ers are looking for with this low risk / high reward strategy that they have deployed. At 6’5,240 pounds, Key is an exceptional athlete who spent the first three years of his career with the Raiders after being drafted by LSU in the 3rd round of the 2018 draft.

It was as if Key never really found the right fit with the Raiders, as his most productive season came in his rookie year when he registered 31 presses and a sack. Numbers Key has already surpassed in his freshman year at San Francisco, despite fewer rushed passing attempts than in his first season. Key is exactly the kind of athlete the 49ers are willing to bet on, banking on defensive line coach Kris Kocurek’s ability to get the best out of such a physically gifted player.

So far, it’s a bet the 49ers have won, as Key has not only provided a huge boost on the rim, but has become a destructive force as a passer on the inside. Since a concerted effort was made to use Key on the inside around Week 10, Key has averaged three presses per game and recorded a sack in 6 of those eight games. Key’s ability to disrupt a game from anywhere on the defensive line has been a boon this season, especially when you factor in how little he counts in the salary cap this season.

Key signed a one-year, $ 1,045,000 pre-season contract, representing just less than one percent of the 49ers’ overall salary this season (0.53 percent to be exact). That’s beyond incredible value considering that Key is second on the team for sacks (7) and tied for third for pressure generated (32).

This kind of value at this price is a major win for any front office, and you can be sure Key’s services won’t be as cheap when he signs his next contract this offseason. Key’s career year also sends a clear message to all potential free agents going forward. Suppose you are looking to rebuild your worth as a defensive lineman. In this case, there might not be a better destination in the entire league than coming to the 49ers to work with Kocurek and assistant defensive line coach Darryl Tapp.

Samson Ebukam

I’ve written a lot on Ebukam lately, and for good reason. He’s been as big of an impact as anyone on the squad in recent weeks and has achieved a total of 180 in production compared to early returns in the first half of the season. After a slow start, Ebukam has now recorded one sack in four straight games while also registering at least four taps in each of those contests.

While Ebukam was by no means a ‘splash’ signing, his acquisition certainly garnered a lot of attention during the offseason when the 49ers signed him to a two-year, $ 12 million contract (with 5 millions guaranteed). However, as I noted before, Ebukam’s slow start can be attributed to a number of factors.

The two main reasons being that he was pushed into a new role in a new program which is hugely different from what he was asked to do in his career before joining the 49ers, and the other was playing because of ‘a knee injury he suffered in the preseason, which clearly lingered throughout the first part of the season.

While Ebukam’s services aren’t offered at the same discounted rate as Key’s, the 49ers have still managed to secure massive value for a player who is only 1.9% of the salary cap this season. Ebukam is ranked 3rd on the team with 6 sacks and tied for 3rd with 32 pushes, and while his late season push is indicative of what he can do at full power after familiarizing himself with the program, its increased cap next season will be worth every penny too.

I would also like to add that the contract was also extremely favorable for the team, as the 49ers prepared well to move away from Ebukam after the first season in case the signing does not work. Additionally, with a cap of just 1.75million in 2022, the 49ers could have severed ties with Ebukam without serious consequences from a salary cap perspective. (Fortunately, I don’t see this as a problem due to his play in the home stretch, but the flexibility built into the contract needs to be recognized).

Jordan willis

Willis was acquired mid-season in 2020 from the New York Jets as well as a 7th round pick in exchange for a 2022 6th round pick by the 49ers. Willis was a player whose athleticism has always stood out and whose physical features are much more evident than a refined bag of rushing moves. It was the first ‘low risk / high reward’ move that generated a positive return after the 49ers scrambled to find edge rushers after losses to Dee Ford and Nick Bosa at the start of the season.

Willis recorded 3 sacks for the 49ers in 2020, each of them entering a game that saw him register 13 or fewer snaps. The potential was clearly there, as Willis possesses the natural speed and curvature to excel on the edge in the Wide 9 pattern frequently used by the 49ers. Obviously, a 6-game suspension to open the 2021 season (for a positive PED test) was far from ideal, but the fact that the 49ers kept a deep chunk on the roster despite that should tell you what. point they like Willis.

For the cost (essentially a swap of choices in different drafts) and the fact that his role is mostly in a rotational capacity (Willis has averaged 9.7 snaps per game this season), the value has been a net positive for them. 49ers. Willis has also warmed up lately, registering a sack in each of the 49ers’ last two games.

Charles Omenihu

The most recent of these ‘low risk / high reward’ acquisitions, Omenihu, was acquired through the Houston Texans just ahead of the 2021 trade deadline. Like Willis, Omenihu was acquired for a 6th round draft pick in a future draft (2023), a pattern which suggests the 49ers are more willing to take their chances by developing a player on whom they have NFL tape, rather than the roll of the dice that comes with an end of day 3 pick on an unproven college player.

While Omenihu didn’t produce the immediate returns of the aforementioned players, he still fits the athletic profile that gave the 49ers the success of the above group. At 6’5,280 pounds, Omenihu offers tremendous versatility due to his size, which has been on display on several occasions where he has blown up running games around the line of scrimmage.

He has yet to record a sack as a 49er and only has 9 taps out of 73 assists snaps, but despite that, patience needs to be exercised before drawing any conclusions about Omenihu’s effectiveness in the game. the present and the future with this team. A little more time to develop with Kocurek and Tapp might be just what Omenihu needs to become a usable member of a deep pass rotation for the foreseeable future.

In conclusion, the 49ers have done a remarkable job working in the sidelines to surround their big players on the defensive line (Nick Bosa and Arik Armstead) with an above average group of contributors. Their philosophy of leveraging their coaching staff’s ability to develop undervalued players with more athleticism has been a major success so far and is something that is unlikely to change anytime soon as long as they do. have the proven product that is Kocurek guiding defensive linemen on this team.


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Is Best Buy (BBY) now an appropriate choice for value investors? – January 4, 2022 https://www.tomaszpietak.com/is-best-buy-bby-now-an-appropriate-choice-for-value-investors-january-4-2022/ Tue, 04 Jan 2022 14:04:22 +0000 https://www.tomaszpietak.com/is-best-buy-bby-now-an-appropriate-choice-for-value-investors-january-4-2022/ Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that go unnoticed and are attractive buys, or offer great discounts off their fair value? One way to find these companies is to look at several key financial metrics […]]]>

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that go unnoticed and are attractive buys, or offer great discounts off their fair value?

One way to find these companies is to look at several key financial metrics and ratios, many of which are crucial in the value stock picking process. Let’s put Best buy (BBY Free Report) into this equation and find out if this is a good choice for value investors right now, or if investors who subscribe to this methodology should look elsewhere for the best choices:

P / E ratio

A key metric that value investors always look at is the price-to-earnings ratio, or PE for short. It shows us how much investors are willing to pay for every dollar of profit in any given stock, and it’s easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock’s current PE ratio with: a) where this ratio has been in the past; b) how it compares to the industry / sector average; and c) how it compares to the market as a whole.

On this front, Best Buy has a year-over-year PE ratio of 9.5, as you can see in the chart below:

Image source: Zacks Investment Research

This level actually compares quite favorably to the market as a whole, as the PE for the S&P 500 is around 24.8. If we focus on the long term trend of PE, its current level of PE puts it below its midpoint over the past five years.

Zacks investment researchImage source: Zacks Investment Research

Additionally, the stock’s PE also compares favorably with its industry’s 12-month PE ratio of 29.9. At the very least, it indicates that the title is currently relatively undervalued compared to its peers.

Zacks investment researchImage source: Zacks Investment Research

It’s also worth pointing out that Best Buy has a futures PE (price to earnings for this year) ratio of just 10.1, which is above the current level. So it’s fair to expect the company’s stock price to rise in the near term.

P / S Ratio

Another key indicator to note is the price / sales ratio. This approach compares the price of a given stock to its total sales, where a lower reading is generally considered better. Some people like this value metric more than others because it looks at sales, something that is much more difficult to manipulate with accounting tricks than profits.

Right now, Best Buy has a P / S ratio of around 0.5. This is below the S&P 500 average, which currently sits at 5.2. We can see from the graph below that this matches the highs of this particular stock over the past few years.

Zacks investment researchImage source: Zacks Investment Research

On the contrary, it suggests some level of undervalued trading, at least by historical standards.

Broad value outlook

Overall, Best Buy currently has an A value score, which places it in the top 20% of all stocks we cover from this look. This makes Best Buy a solid choice for value investors, and other key metrics show that quite clearly as well.

For example, the P / CF ratio (another great indicator of value) stands at 9, (which is a bit better than the industry average of 12.1). Obviously, Best Buy is a solid choice in terms of value from a number of angles.

What about the stock as a whole?

While Best Buy can be a good choice for value investors, there are many other factors to consider before investing in this name. In particular, it should be noted that the company has a Growth score of D and a Momentum score of D. This gives BBY a Zacks VGM score – or its overall fundamental score – of C. (You can read more at Zacks style scores here >>)

Meanwhile, the company’s recent earnings estimates have been mixed at best. While the current quarter’s tax estimate has seen three upward movements and six downward movements, the current year estimate has seen eight upward movements and three downward movements over the two last months.

This had a mixed effect on the consensus estimate. While the current quarter consensus has declined 5% in the past two months, the current year estimate has improved 0.7%. You can see the trend of the consensus estimate and recent stock price development in the chart below:

These mixed feelings from analysts are why the stock is ranked 3 Zacks (Hold) and this is why we are looking for short term online performance of the company.

Final result

Best Buy is an inspired choice for value investors because it’s hard to beat its incredible range of stats on this front. However, with a Zacks # 3 ranking and a slow industry ranking (3%), it’s hard to get too excited about this company as a whole. Additionally, over the past couple of years, the industry as a whole has clearly underperformed the market as a whole, as you can see below:

Zacks investment researchImage source: Zacks Investment Research

So value investors might want to wait for estimates and analyst sentiment to turn around on this name first, but once that happens, this stock could be a compelling choice.


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Should value investors choose Abercrombie & Fitch (ANF) stocks? – December 31, 2021 https://www.tomaszpietak.com/should-value-investors-choose-abercrombie-fitch-anf-stocks-december-31-2021/ Fri, 31 Dec 2021 19:02:15 +0000 https://www.tomaszpietak.com/should-value-investors-choose-abercrombie-fitch-anf-stocks-december-31-2021/ Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that go unnoticed and are attractive buys, or offer great discounts off their fair value? One way to find these companies is to look at several key financial metrics […]]]>

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that go unnoticed and are attractive buys, or offer great discounts off their fair value?

One way to find these companies is to look at several key financial metrics and ratios, many of which are crucial in the value stock picking process. Let’s put Abercrombie & Fitch Co. (ANF Free report) into this equation and find out if this is a good choice for value investors right now, or if investors who subscribe to this methodology should look elsewhere for the best choices:

P / E ratio

A key metric that value investors always look at is the price-to-earnings ratio, or PE for short. It shows us how much investors are willing to pay for every dollar of profit in any given stock, and it’s easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock’s current PE ratio with: a) where this ratio has been in the past; b) how it compares to the industry / sector average; and c) how it compares to the market as a whole.

On this front, Abercrombie & Fitch has a 12-month PE ratio of 7.5, as you can see in the graph below:

Image source: Zacks Investment Research

This level actually compares quite favorably to the market as a whole, as the PE for the S&P 500 is around 24.91. If we focus on the long term trend of PE, Abercrombie & Fitch’s current PE level puts it below its midpoint over the past five years.

Zacks investment researchImage source: Zacks Investment Research

In addition, the stock’s PE compares favorably with the Zacks Retail-Wholesale sector’s 12-month PE ratio of 30.29. At the very least, it indicates that the title is currently relatively undervalued compared to its peers.

Zacks investment researchImage source: Zacks Investment Research

We also have to point out that Abercrombie & Fitch has a forward PE (price to earnings for this year) ratio of just 7.36, so it’s fair to say that a slightly more value-oriented path may be at hand. come for Abercrombie & Fitch action in the short term too.

P / S Ratio

Another key indicator to note is the price / sales ratio. This approach compares the price of a given stock to its total sales, where a lower reading is generally considered better. Some people like this value metric more than others because it looks at sales, something that is much more difficult to manipulate with accounting tricks than profits.

Currently, Abercrombie & Fitch has a P / S ratio of approximately 0.59. That’s below the S&P 500 average, which currently sits at 5.18. Also, as we can see in the graph below, that number is below the highs of this particular stock in recent years.

Zacks investment researchImage source: Zacks Investment Research

On the contrary, ANF is in the lower end of its range in the time frame from a P / S metric, suggesting some level of undervalued trading, at least by historical standards.

Broad value outlook

Overall, Abercrombie & Fitch currently has a Zacks value score of A, which places it in the top 20% of all stocks we cover from this look. This makes Abercrombie & Fitch a solid choice for value investors.

What about the stock as a whole?

While Abercrombie & Fitch can be a good choice for value investors, there are many other factors to consider before investing in this name. In particular, it’s worth noting that the company has a Growth Score of F and Momentum Score of C. This gives ANF a Zacks VGM score – or its overall fundamental score – of A. (You can read more at Zacks style scores here >>)

Meanwhile, the company’s recent earnings estimates have been disappointing. The current year has seen five estimates increase in the last sixty days compared to three decreases, while the estimate for the year 2021 has seen three upward revisions against one downward during the same. period.

This had a negative impact on the consensus estimate, as the consensus estimate for the current year decreased by 19.7% in the last two months, while the estimate for the year 2021 decreased by 1.4%. You can see the trend of the consensus estimate and recent stock price development in the chart below:

Despite bearish sentiment from analysts, the stock holds a Zacks Rank # 3 (Hold). Thus, we are looking for online performance from the company in the short term.

Final result

Abercrombie & Fitch is an inspired choice for value investors because it’s hard to beat its incredible range of stats on that front. A strong industry ranking (among the top 17% of over 250 industries) boosts our confidence.

However, a Rank 3 of Zacks makes it hard to get too excited about this business as a whole. In fact, over the past couple of years, the retail sector of Zacks Apparel & Footwear has clearly underperformed the market as a whole, as you can see below:

Zacks investment researchImage source: Zacks Investment Research

So value investors might want to wait for estimates and analyst sentiment to turn around on this name first, but once that happens, this stock could be a compelling choice.


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4 essential elements of a stakeholder management plan https://www.tomaszpietak.com/4-essential-elements-of-a-stakeholder-management-plan/ Thu, 30 Dec 2021 00:09:55 +0000 https://www.tomaszpietak.com/4-essential-elements-of-a-stakeholder-management-plan/ A stakeholder management plan is a basis for managing stakeholder engagement throughout your project. Like any good strategy, it should answer key questions about what you’re going to do and why. More specifically, it must include: A description of each of your stakeholders and their relevant interests The first section of your plan should be […]]]>

A stakeholder management plan is a basis for managing stakeholder engagement throughout your project. Like any good strategy, it should answer key questions about what you’re going to do and why. More specifically, it must include:

A description of each of your stakeholders and their relevant interests

The first section of your plan should be a list of all known stakeholders and their relevant interests. However, it can be more than just a list. For example, your plan might include a description of each stakeholder, their interests, and how they might be affected by your project.

An interest is a benefit or benefit that a stakeholder wishes to obtain by engaging in a particular action. For example, a stakeholder may wish to be recognized for their contribution to the project, or they may wish the project to be successful in supporting their own interests. The more actors involved in the project, the more important it is to understand their interests. If a stakeholder has not considered their interests, they can conduct their business elsewhere.

This is often part of a stakeholder analysis, which is a bit more complicated than a simple list of stakeholders. This section aims to help you understand how your project affects stakeholders and to help you identify if there are any stakeholders you might have overlooked.

The goals you hope to achieve with each

It would help if you had a clear idea of ​​what each stakeholder group expects from you and your project. This will help you develop a stakeholder management plan that will drive your project to success. If your stakeholder group is large, consider creating a strategy for each group. You can then develop a stakeholder management plan that ensures that you are meeting the expectations of each group. You can manage this by creating a document that details the relationship of each stakeholder group to your project.

It really is the meat and potatoes of your stakeholder management plan. If you don’t have a plan to tell you what you’re going to do and how you’re going to do it, you won’t get very far. The actions you take should be specific to your business, your goals, and your industry. In addition to the actions you take, you should also include the people you will be working with and explain how they will be involved in the process. This is an opportunity to show management how you will be able to achieve your goals by working with other members of the organization.

Effectively communicate your stakeholder management plan

One of the most important parts of any stakeholder management plan is communicating effectively with the people on your list. Stakeholders can be anyone, from senior executives in your company to accountants who will approve your spending. Often times, it’s not enough to just send them an email or a document with all the information you want them to see, or even just let them know what they need to do their jobs.

You need to communicate your posts in a way that they really care, and you need to do this while being aware that they have a lot of other things to watch out for. You can add a useful tool like stakeholder engagement software into the equation to facilitate and refine the communication task. One of the most important parts of the process is to communicate your stakeholder management plan effectively.

Create criteria to assess whether or not you passed

One of the most critical aspects of developing a stakeholder management plan is determining what it means to be successful. There are many factors that go into it, but at its most basic level, you’ll want to know what you’re trying to accomplish with your stakeholders and how you’ll be able to measure your progress. The most common way to measure your success is in monetary terms, but you can also gauge success by looking at metrics such as how many people have been reached by the project, how much you have raised in donations, and how many people who were involved in the project.


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Your Opinions: Readers Discuss Racial Justice, the Right to Vote, Abortion and More | Letters https://www.tomaszpietak.com/your-opinions-readers-discuss-racial-justice-the-right-to-vote-abortion-and-more-letters/ Tue, 28 Dec 2021 06:15:00 +0000 https://www.tomaszpietak.com/your-opinions-readers-discuss-racial-justice-the-right-to-vote-abortion-and-more-letters/ Response to the racial injustice letter Regarding a recent letter to the editor on racial injustices. The injustices described and others are well documented, as well as those imagined. If people could treat others the way they want to be treated, that would solve most of the problems. It is a basic premise of Christianity. […]]]>

Response to the racial injustice letter

Regarding a recent letter to the editor on racial injustices.

The injustices described and others are well documented, as well as those imagined. If people could treat others the way they want to be treated, that would solve most of the problems. It is a basic premise of Christianity. The number of people practicing this basic principle seems to be decreasing.

Whites came to America for freedom, for taxes, and to escape religious persecution.

Our Founding Fathers called on the holy name of God in almost everything they did, certainly the most important work. Thomas Jefferson did this in his writings even though he was not particularly religious. Being the brilliant man that he was, he realized that God worked in him and others to create the unique form of government that makes America the best country in the world, a democratic republic. The founding fathers were not in favor of a single democracy, which is a majority of one, that is, a crowd regime.

People also read …

We live in a free country because of their brilliance and because men and women fought and died to preserve that uniqueness and brilliance. As one of my dentist friends said: “Everyone who was born in this country has won the lottery”.

Mistakes have clearly been made and should not be forgotten. Corrections have been and continue to be made. Continually criticizing and condemning the greatest country in the world only keeps the wounds open and does not bring healing.

Problems must be resolved at the individual level. Anyone who thinks government is the answer should visit a Native American reservation. Repent and believe the gospel – Treat others as you would like to be treated.

The GOP and voting rights

“There is no Republican in Congress who supports the right to vote. ZERO.

The sooner we recognize and accept that the Republican Party is the party of voter suppression and electoral subversion, the better our chances of taking the necessary steps to save democracy. “- Marc E. Elias, lawyer and expert in voting rights

I agree with this statement. Republicans said new laws were needed to guard against voter fraud, although they noted that Iowa had no history of election irregularities and that the November election had a record turnout. with no signs of problems in the state.

Voters will be removed from active voters lists if they miss a single general election and do not report a change of address or re-register as a voter.

A set of changes affected the voting process. Examples include reducing the early voting period from 40 days to 29 days and then to 20 days; forbid your friends to return your ballot; and close the polling stations earlier.

Another series of changes affected the conduct of the elections. Examples include giving political parties (not just candidates) the right to challenge election results and restricting county auditors’ local control over elections.

Challenge the results every time you lose, be it an election or one of the sixty court cases the former president continued to lose.

The Republican Party is trying to deprive voters in Michigan, Arizona, Pennsylvania, Georgia, etc. the right to vote because the Republicans lost.

The party is over the country for them. You cannot say that you are a supporter of democracy, but only when it suits you.

Sign the League of Women Voters of Iowa’s petition to repeal these changes to lwvia.org/petitions.

To avoid future trouble, encourage American senses Chuck Grassley and Joni Ernst to prevent ill-conceived election interference by passing the Freedom to Vote Act.

Morals in the meat industry

There is a current concern in the morality that is applied in the meat industry. It is not a hidden fact that all the animals that we eat were raised with the sole meaning of their life of being eaten. Without thinking about animals, meat makers keep them in tight spaces, poor nutrition, supplements that make them sick, and an overall disgusting life.

Considering this goal, perhaps these industries should enable these animals to have a more dignified life before they end up on our plates.

Of course, finding such a solution will pose some problems. It is going to be more expensive to allow these animals to have the space, time and food to lead a decent life. There is a market for meat, and with modern consumerism there is not much choice but to follow the hustle and bustle of the food market, so how are we going to achieve such a goal?

Perhaps there is more nuance to this. In this nation for example, especially when it comes to food, there is a huge problem that revolves around excess.

It’s no secret that food addiction is a big problem in this country. People get addicted to eating more food than they need, which leads to many health complications down the road (most commonly obesity). In fact, if we want to dig deeper into the statistics on meat in particular, it is recommended that the average person eats around 12 to 18 ounces per week. The average American now eats 4 to 5 ounces a day.

What one tries to make in itself is that sacrificing certain expenses for the quality of life of animals may not be as problematic as it seems, because there is already a large surplus of meat consumed.

Thoughts on climate change ahead of the new year

In keeping with tradition, my spouse and I gave a lot of thought to the past as the New Year approached. Here are our most important considerations:

We humans, along with all the other living organisms with which we share the Earth’s biosphere, are ready for a hellish race to the future. In the way we humans respond collectively and collaboratively to the global COVID pandemic, we have been able to test how well or poorly we can shoulder the far greater demands and sacrifices necessary to mitigate the gradual adverse effects. of climate change. On this test, we are currently failing miserably.

And our failure rating leaves little, if any, hope that we can avoid a radical transformation of our planet into a world inhospitable to human life and hostile to the survival of most other living species.

The main warning from all existing religions to our species is to be responsible and respectful stewards of Mother Earth and one another, always remembering that our life here is a privilege and not a natural right. We are just guests, not owners. Instead, the story of our stay, especially since the advent of the Industrial Revolution and the concomitant domination of laissez-faire capitalism as a driving force, has been one of the exploitation of natural resources and human labor. .

We humans have forgotten our place in the natural scheme of things and assumed a role of dominating nature instead of accepting co-equality with all natural things. We have ignored our human interdependence as social beings in favor of the opportunisms of individualism. And, with each new disastrous report from the scientific community on the bewildering changes in the climate, full accountability on our part for our failures becomes increasingly imminent.

It reminds us of the analogy between guests and the stench of fish that has been lying around for three days. Like the rotting fish thrown at scavengers, we humans may well have passed our welcome here on Earth.

Overthrow Roe vs. Wade

Life begins at the moment of conception. No one can deny that once a human being is conceived, he will become the same being as those who debate this issue. What surprises me is that those who favor abortion have gone through a stage of development identical to that of the being they condemn to death. Would these same people agree that a similar choice should have been made regarding their own existence? How many human lives have been lost that could have added to our society in so many ways?

People prefer their own pleasurable pleasure to the attention and sanctity of the life they have created. What happened to taking responsibility for his actions in this country? Is it too much to ask a woman who has conceived to place the child for adoption? Nine months of discomfort is nothing compared to life imprisonment for intentional homicide!

And what about consent to have sex with a man? is that part of the equation too? Or has abortion just become another extension of the women’s liberation movement that started in the late 1960s that coincidentally increased membership on the same date as Roe V. Wade?

Does the child’s father have a say? And what about the Constitution of the United States? Don’t all conceived people in this land deserve life, freedom, and the pursuit of happiness? I think abortion is a crime against humanity and should be banned. We must reverse the Roe v. Wade and start to cherish life in this country again. For a country that kills its children cannot be far from self-destruction.

In 1973, a Supreme Court decision {Roe v. Wade} legalized abortion by a 7 to 2 vote. Six of the seven majority judges were Republican candidates.

The only Democrat named, Byron White, voted against Roe v. Wade. At the time, the Republican motto was government is best, governs least.

So Republicans give and Republicans take.

The rich can’t manage their money

It is clear that the members of the 1% class do not know how to act responsibly with their tens and hundreds of millions of dollars in annual disposable income.

They invest in big companies rather than small companies. They invest in American companies that have moved their activities to China. They charge usurious interest rates on the working poor.

They invest in reality-distorting news media conglomerates and food conglomerates that sell harmful products and services. They are investing in energy companies that are doing little during the climate crisis.

The luxury class invests in industries that are popular with Americans but destructive to democracy, such as professional sports, superficial entertainment, gambling, vaping, social media, and video games.

They don’t invest in public education because they don’t need it. Instead, they use private schools and later pay bribes to get their children into private universities. They resist investing in public health care, social assistance and criminal justice programs because they have their own exclusive world of services to care for them outside of the rest of society.

Rest in peace Desmond Tutu

I am deeply saddened to learn of the passing of Archbishop Desmond Tutu. He was a central figure in the struggle against apartheid and in the struggle to create a new South Africa – and his spiritual leadership and irrepressible good humor will be remembered.

Hallandale Beach, Florida


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Reserved for success in UP elections – The New Indian Express https://www.tomaszpietak.com/reserved-for-success-in-up-elections-the-new-indian-express/ Sun, 26 Dec 2021 02:44:00 +0000 https://www.tomaszpietak.com/reserved-for-success-in-up-elections-the-new-indian-express/ LUCKNOW: Legislative elections in the country’s most politically important state are approaching. Parties of all stripes are trying to make their presence felt in pockets of strategic importance. A glance at election data from previous years reveals a trend. The reserved seats – 86 out of 403 this time – more or less determine who […]]]>

LUCKNOW: Legislative elections in the country’s most politically important state are approaching. Parties of all stripes are trying to make their presence felt in pockets of strategic importance. A glance at election data from previous years reveals a trend. The reserved seats – 86 out of 403 this time – more or less determine who forms the government of Uttar Pradesh.

If we analyze the performance of political actors in legislative elections since 2002, it appears that the one who came to power won at least 60% of these seats reserved for listed castes (84) and listed tribes (2). No wonder they are again doing their best to achieve the appropriate caste balance in these seats.

While the BJP added voters from non-Jatav listed castes to its bank and reaped profits in the 2014, 2019 Lok Sabha and 2017 elections, the Samajwadi party appears to have been redesigned after a crushing defeat in 2017. Known as a party dependent on ‘MY’ (Muslim-Yadav) to win the elections, the Samajwadis have made alliances with a number of small caste groups to issue a more robust challenge to the ruling Saffron party.

The Bahujan Samaj party, on the other hand, is banking on the support of Jatav voters and trying to revive its old social engineering formula of combining “SC-Muslim-Brahmin-Jat” voters to return to power. But it is a difficult task, given that BSP does not currently enjoy the support of prominent leaders of these castes. “BSP believes that if any of these caste groups offer full support, they will pass,” said Professor SK Dwivedi, a leading political scientist.

The SC equation is crucial because of their significant presence in the population of UP. “The listed castes form a considerable part of the population, around 21%. They have the figures to make or spoil the fortunes of the political parties which are still engaged in a fight to win this bank of votes, ”explains Professor AK Mishra, another renowned political scientist.

In 2002, the BJP and BSP came together to form the government, but failed to meet the challenges of the alliance and collapsed in 2003. SP Patriarch Mulayam Singh Yadav rushed to fill the void and succeeded as CM to lead the government until 2007. In 2002, there were 89 reserved seats, of which the BJP won 35 and the BSP 24. On their own, they had 59, or about 66% of the total reserved seats. In 2007, the number of reserved seats remained the same as BSP won 61 and formed the government. The scenario remained the same in 2012 and 2017.

For the 2017 election, two seats were first reserved for List Tribes following an order from the Supreme Court. The two seats were in Sonebhadra, the state’s only tribal district. Riding a strong Modi wave, the BJP won 70 of the 86 reserved seats – 69 SC and one ST – thus accounting for 81.3% of the reserved seats.

Significantly, in 2017, BJP allies Apna Dal and Suheldev Bharatiya Samaj Party (SBSP) each won three reserved seats. SP only won seven, BSP two and Nirdaliya one. While Apna Dal won two SC seats and one ST seat, SBSP won three SC seats. So, effectively, the BJP-led NDA was in power in 76 of the 86 reserved seats – 88%. ”Mishra added.


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tamil nadu: Vijay Hazare semi-finals: TN holds up to beat Saurashtra | Cricket news https://www.tomaszpietak.com/tamil-nadu-vijay-hazare-semi-finals-tn-holds-up-to-beat-saurashtra-cricket-news/ Fri, 24 Dec 2021 14:27:00 +0000 https://www.tomaszpietak.com/tamil-nadu-vijay-hazare-semi-finals-tn-holds-up-to-beat-saurashtra-cricket-news/ CHENNAI: In a clash that saw a slew of top performances — Tamil Nadu held on to defeat Saurashtra by two wickets and advance to the Vijay Hazare Trophy final in Jaipur on Friday. They will face Himachal Pradesh in the summit clash on Sunday. Baba Aparajith (122, 12×4, 3×6), Washington Sundar (70, 8×4) and […]]]>
CHENNAI: In a clash that saw a slew of top performances — Tamil Nadu held on to defeat Saurashtra by two wickets and advance to the Vijay Hazare Trophy final in Jaipur on Friday. They will face Himachal Pradesh in the summit clash on Sunday. Baba Aparajith (122, 12×4, 3×6), Washington Sundar (70, 8×4) and Baba Indrajith (50, 5×4, 1×6) led the show with the willow tree for Tamil Nadu as they topped the Saurashtra target of 311 in the last ball of the contest. Saurashtra landed a total of over 300 thanks to Sheldon Jackson’s well-compiled 134. Playmaker Chetan Sakariya’s 5 for 62 kept Saurashtra in battle until the end.
Sakariya’s best effort with the ball — both at the start and towards the end — held back Tamil Nadu’s scoring rate. Sakariya dismissed N Jagadeesan (0) and skipper Vijay Shankar (4) in his first spell before counting the dangerous M Shahrukh Khan (17, 1×4, 1×6), a well-placed Washington and M Siddharth (1) to keep his side. . the game. The equation boiled down to Tamil Nadu who needed a 7 on the last out — beaten by pace middle Chirag Jani. R Sai Kishore (12 no) — who hit the winning points in the final ball — and R Silambarasan (2 no) kept their cool to watch Tamil Nadu pass.
Earlier, Aparajith himself was fluid when opening the sleeves. The 97-race stand between Aparajith and Indrajith for the third wicket maintained Tamil Nadu’s scoreboard. Aparajith played shots from both sides of the wicket and shifted gears at will during his 124-ball stroke. Once Indrajith left, Aparajith added 48 and 76 with Dinesh Karthik (31, 4×4, 1×6) and Washington for the fourth and fifth wickets respectively. Aparajith left with Tamil Nadu needing 67 in the last 46 deliveries. “It was a very satisfying hundred for me and I’m happy because it’s a winning cause. The contributions of Indrajith, Dinesh Karthik and Washington were vital during the hunt,” Aparajith told TOI.
Despite some anxious moments at the end — Aparajith said the team have enough confidence in Sai Kishore and Silambarasan to deliver. “We just needed a hit and the dressing room was pretty confident in Sai and Silambarasan’s abilities,” Aparajith said.
The first half of the meeting belonged to Sheldon Jackson. The seasoned campaigner scored his 8th ton of A List and his 125-ball contained 11 fours and four sixes. Opener Vishvaraj Jadeja (52, 6×4, 1×6) and Arpit Vasavada (57, 4×4, 2×6) also made him count with the bat. For Tamil Nadu, middle coaches Vijay Shankar (4-72) and R Silambarasan (3-54) stood out.
Brief Notes: Saurashtra 310-8 in 50 overs (Sheldon Jackson 134, Arpit Vasavada 57; Vijay Shankar 4-72, R Silambarasan 3-54). Tamil Nadu 314-8 in 50 overs (B Aparajith 122, Washington Sundar 70, B Indrajith 50; Sakariya 5-62). Tamil Nadu won by 2 wickets


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What’s on Cronulla’s hands with new playmaker Nicho Hynes? https://www.tomaszpietak.com/whats-on-cronullas-hands-with-new-playmaker-nicho-hynes/ Tue, 21 Dec 2021 01:37:38 +0000 https://www.tomaszpietak.com/whats-on-cronullas-hands-with-new-playmaker-nicho-hynes/ On Monday, we looked at the biggest question for teams that finished in the bottom four in 2021. Now we are taking things up a notch. The difference between making the finals and missing them is often thin. If the Sharks and Raiders had won one more game (and both teams had suffered many losses […]]]>

On Monday, we looked at the biggest question for teams that finished in the bottom four in 2021.

Now we are taking things up a notch.

The difference between making the finals and missing them is often thin. If the Sharks and Raiders had won one more game (and both teams had suffered many losses in both directions), they would have made the play-offs instead of the Titans. Even if a team only scratches the skin of the teeth and is brutally dismantled in the first week, it’s still better than the alternative.

Every team that missed the final by a narrow margin thinks they are just a chunk or two away from taking that next step, so here is where that step could be taken for teams that finished 9th through. 12th in 2021.

The Warriors have been playing at home for almost 1,000 days. (Provided: New Zealand Warriors)

New Zealand warriors

Question: How long is too long on the road?

Responnse: If the Warriors return to New Zealand in time for their Round 15 clash with Penrith, it will be 1,063 days since their home game. Think about everything that has happened to you since August 30, 2019. Think about the ups and downs, wins and losses, silly quarantine modes and hobbies you chose during the lockdown to happily give up once. that we could all come out again. Think about who you were then and who you are now. It’s long.

Only four of the players who graced the lawn at Mt Smart that day are still with the club, and several of the Warriors’ most important players – like Addin Fonua-Blake and Reece Walsh – have never played a home game. in front of their own fans.

Returning to Mt Smart will be one of the most emotional days in the club’s history and every minute of absence will make it more enjoyable, but there is no guarantee it will actually turn out that way.

The whole club deserve a lot of credit for not falling apart over the past two seasons, but playing homeless for the third year in a row, let alone staying competitive, is a tough one.

Other than that, there are things to love about the Warriors. Shaun Johnson’s return is a big boost, as long as he’s allowed to play with his strengths, and Walsh will improve with another offseason of work. Tohu Harris is one of the best forwards in the league and together with Fonua-Blake and Matt Lodge he is part of a very solid midfielder while Euan Aitken and Josh Curran have been two of the great teams improving in 2021.

Rugby league player jumping in the air with excitement after the team scores a try
Chanel Harris-Tavita should feature more heavily in the conversation of the halves.(PAA: Darren Pateman)

There are a few question marks on the bottom line. It’s also surprising to see Chanel Harris-Tavita on the outside of the Battle of the Halves. But in an ideal world, Nathan Brown’s side would aim to improve next season.

But we haven’t been an Ideal World for quite some time now, almost 1,000 days, and for all the gratitude the competition owes the Warriors, there will be no mercy if they finally reach the point where they are. far from home becomes unbearable.

If the Warriors can be there or roughly for their comeback, especially since it coincides with the Origin period which has traditionally been a time when the club can regain some ground on their rivals, it could set them up for a big blow. inch to complete the season. But as we have seen, keeping your head above water is no easy task.

Dragons of St. George Illawarra

Jack Bird scores a try for the Dragons against Eels
Jack Bird has quietly concocted a very solid season in 2021.(PAA: Brendon Thorne)

Question: Has Jack Bird finally found a home?

Responnse: Bird’s return to St George Illawarra has been a quiet success in 2021 – after years of injury issues, Bird has had a very solid season and had good performances at full back, center, in the five-eighth and at the back.

The question now, as it always seems to be with Bird, is where to place him permanently and fit in as a center forward on the ball, in the style of Cameron Murray and Victor Radley, seems best suited.

It won’t come without its challenges, and Bird’s body will have to withstand the biggest crashes in the middle, but the idea of ​​the former Origin rep in liaison with Ben Hunt, Talatau Amone, and Tyrell Sloan across the pitch is an exciting prospect for a Dragons team that really needs a little spark.

A player from St George Illawarra NRL holds the ball with his right hand as he tries to beat a defender from South Sydney.
The emergence of Tyrell Sloan was one of the highlights of a difficult 2021 for the Dragons.(Getty / LNR Photos)

While the Dragons favor experience with their recent rookies, they have the parts for a very modern mid-rotation. In Bird and Jack de Belin they have two skilled distributors, a must in today’s game, and in Blake Lawrie and Francis Molo they have two other traditional and uncompromising front rowers.

It’s a good balance and while it remains to be seen exactly where Aaron Woods, George Burgess and Josh McGuire fit into that equation, they should be able to establish a good platform.

Bird has never played a long lockdown in his NRL career, but he’s the kind of player who can do just about anything on the pitch and although his versatility has been a curse at times. ‘he’s allowed to settle in that position, we should see some of his best footballers again.

Nick Cotric is level as he dives towards the try line with the ball in one hand.  An opponent of the South follows him
The Raiders will once again host Nick Cotric.(PAA: Lukas Coch)

Canberra Raiders

Question: How do they sort the backline?

Responnse: Last five footage has been a big part of any successful team for years, but with the rule changes made to the game over the past two seasons, it’s now become mandatory.

Canberra have long been fortunate to have yard-eaters up front like Josh Papalii and Joseph Tapine, but apart from Jordan Rapana (164 yards per game) they just weren’t getting enough from the rest of the line. background on their own for much of 2021.

That changed in the later stages of the season, when Matt Timoko and Harley Smith-Shields started playing regularly. The Raiders are seventh in the league in terms of their last five average yards, at 652.3 yards per game.

But with the return of prodigal son Nick Cotric from Canterbury and the return of Charnze Nicoll-Klokstad from a neck injury, it should give them the makings of one of the competition’s elite backlines. As the Panthers have shown in their Premiership run, it’s something you can build a title team around.

Three Canberra Raiders NRL players hug each other as they celebrate a try against the Warriors.
Canberra has a plethora of talent to select from in its backline.(Getty Images: Ian Hitchcock)

It also plays into Canberra’s strengths over the past three seasons or so. Even when they reached the grand finale in 2019, you wouldn’t call their attack particularly complicated. It was based on athletic players all over the court with the ability to beat defenders one on one and maximize the opportunities created by these clashes rather than any kind of structured play.

The idea of ​​three or four serious litters to build momentum and then play to the back of what is offered by the retreating defense seems like a good fit for the Raiders, especially since Jack Wighton works best when he doesn’t have to worry about fitting into a pattern.

However, finding the right choices to make it happen will be key. Nicoll-Klokstad, Rapana and Cotric are all definitive starters and skipper Jarrod Croker will have every possible chance to prove he’s recovered from knee and shoulder injuries that plagued him over the past two seasons.

That leaves a central place for Smith-Shields and Timoko to fight, perhaps a second if Croker is medically withdrawn at some point. Another exciting rookie, Xavier Savage, is waiting backstage, which means the Raiders will be spoiled for choice. Keeping Josh Hodgson for a final season is also a smart move – Canberra was at its best in 2021 when he and Tom Starling were both on the pitch at the same time.

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Cronulla sharks

Question: What do the Sharks have with Nicho Hynes?

Responnse: In his first year as a regular starter, Hynes performed superb for Melbourne in 2021. But most of his best work has come at full back – he has only played four full halves in his season. career in the NRL. Plenty of other clubs would have tried their luck on Hynes as a long-term or five-eighth half-back if the Sharks hadn’t and there is nothing for sure.

Braydon Trindall and Matt Moylan will act as a complementary playmaker, with Trindall the best stylistic fit. Will Kennedy and Blayke Brailey are creative enough to help relieve the pressure, but Hynes has gone from being a cog in a great system to someone piloting the system himself.

If that doesn’t work, he’s unlikely to come back – Kennedy’s form in 2021, where he went from a stopgap to arguably the team’s best offensive player, demands its selection.

Four players from Cronulla Sharks NRL celebrate a try against the Brisbane Broncos.
Braydon Trindall’s skills (left) make him a good candidate alongside Nicho Hynes.(Getty Images: Bradley Kanaris)

Cronulla’s other major rookies – Dale Finucane and Cam McInnes – are much better known qualities, even taking into account that McInnes has undergone a knee reconstruction.

We can’t know if Hynes was a product of his environment or something larger until he has an environment in which he is the primary product. Many other players weren’t able to replicate their Storm form once they crossed the Victorian border. It’s a trend Hynes is talented enough to resist and he will carry a lot of Cronulla’s hopes for 2022.


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Assessment: definition, formula, example https://www.tomaszpietak.com/assessment-definition-formula-example/ Fri, 17 Dec 2021 22:36:50 +0000 https://www.tomaszpietak.com/assessment-definition-formula-example/ A balance sheet is a type of financial statement that lists the assets, liabilities, and equity of a business. Assets must be in “equilibrium” and equal total liabilities and equity. Balance sheets can provide important financial information, but are also limited to a single day. Visit Personal Finance Insider for more stories. A balance sheet […]]]>
  • A balance sheet is a type of financial statement that lists the assets, liabilities, and equity of a business.
  • Assets must be in “equilibrium” and equal total liabilities and equity.
  • Balance sheets can provide important financial information, but are also limited to a single day.
  • Visit Personal Finance Insider for more stories.

A balance sheet is a type of financial statement that describes the assets and liabilities of a particular business, as well as the equity on a particular day. It is used to assess the financial health of a business and is also called a “statement of financial position”. Businesses use a variety of accounting tools, including a balance sheet, to assess the financial condition of a business at any given time.

How a balance sheet works

When it comes to assessing the financial well-being of a business, there are different types of financial statements to look at. A balance sheet is just one type of statement and is a bit different from an income statement (P&L), which is another commonly used financial report to assess a business’s finances.

“I like to explain to clients that the income statement is a film, while the balance sheet is a photo. The income statement reflects income and expenses over time, but the balance sheet shows the financial condition of the business at any given time. »Explains Courtney Barbee, owner and COO at Accountant.

So, for example, an income statement might be for the fourth quarter, a balance sheet might be for a single day at the end of a particular accounting period.

The balance sheet equation is: Assets = Liabilities + Equity

Let’s go over what these parts mean individually:

  • Assets. These are items of monetary value. This includes current and non-current assets and is classified in order of liquidity. So, for example, you will have your current assets which include cash and cash equivalents, accounts receivable and inventory. Non-current assets can include items such as equipment, investments, copyrights and intellectual property
  • Liabilities. This includes amounts owed for debts or expenses. It also includes current and non-current liabilities. Current liabilities can be accounts payable, current debt securities and a portion of long-term debt securities. Non-current liabilities can include bonds issued by the company and long-term debts can also be classified as non-current liabilities.
  • Equity. It is equity refers to equity and includes the amount shareholders have invested in the business as well as retained earnings. Equity can also refer to net assets, which is the total liabilities subtracted from total assets.

“It’s called the balance sheet because it reflects the accounting equation, Assets = Liabilities + Equity, in balance,” explains Barbee. “The top is the assets: items of value, tangible or intangible, that the business owns. These can include cash, accounts receivable, equipment, or even things like a brand. trade or prepaid expenses. ”

Read a report

Given the name “balance sheet”, assets and liabilities as well as equity must be “balanced”. In other words, the value of your assets should be the same value as your total liabilities and equity combined.

“On the balance sheet, assets are listed in the order of their ease of converting into cash. The liabilities are listed in the order in which the required payment is due and payable, ”explains Phil Weiss, CFA, CPA and Director of Learned Wealth Management.

When it comes to the layout of the balance sheet, you can find either a vertical balance sheet like the one pictured below where the items are listed in a column that reads vertically, or from top to bottom.

There is also the possibility of a horizontal presentation, where assets and liabilities and equity are side by side, read horizontally. In this case, on the right side you will see the listed liabilities as well as the equity and on the left side there are the listed assets. Vertical presentation tends to be more common.

“Underneath the assets are the liabilities, the things that businesses owe. These are not just debts such as loans or credit cards, but can also include unearned income,” notes Barbee. “Equity is matched with liabilities. The entire income statement, up to the balance sheet date, is in fact housed in this part as retained earnings. “

The equity line on the balance sheet can include more than it looks and can be an important metric for investors to consider.

“It also includes equity that came in through things like cash injections or sales of shares, as well as equity that came out through distributions. Liabilities and equity add up to equal assets, resulting in the balance sheet, ”explains Barbee. .

Example of balance sheet

As an investor, you can view the important financial statements of publicly traded companies through the Securities and Exchange Commission (SEC). Here is an example of Apple Inc.’s balance sheet.

As you can see, there are assets divided by current assets including their subcategories as well as non-current assets and their respective subcategories. Below you can see current liabilities and non-current liabilities with their respective subcategories. At the bottom you can see the equity.

From the image below, you can see that the Total Asset Amount is Total Liability and Equity Amount.

A screenshot of Apple Inc.'s balance sheet.


Source: SEC.gov


Balance sheet of Apple Inc.


Source: SEC.gov


Advantages and disadvantages of using a balance sheet

A balance sheet is one of the primary financial statements that businesses should use as part of the assessment of their business finances. It is also possible for investors to examine the balance sheets of listed companies to determine their profitability. It is important to understand the benefits of reviewing a balance sheet and also to understand its limitations.

How investors can use a balance sheet

Investors can look at a company’s assets and liabilities and examine


liquidity

and returns before deciding to invest in a particular company. “Investors look at balance sheets to help assess a company’s financial viability,” Weiss explains.

Another important line to look at is the equity line where you can see important information about stocks and equity.

The financial report

A balance sheet is just one of many financial statements that businesses and investors can use to assess the financial condition of a business. It can offer important information at a specific time, but may not be as useful for examining growth. In tandem with other financial statements, you can get even more in-depth information.

“In general, if you’re trying to understand the financial health of a business, you want to look at its income statement, its cash flow statement, and its balance sheet,” suggests Weiss. “The combination of the three can give a better picture of the financial health of a business than any individual financial statement.”

This way, you have all the information you need to make an informed decision, with all the data available for you to review.


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Should value investors choose Brunswick (BC) stocks right now? https://www.tomaszpietak.com/should-value-investors-choose-brunswick-bc-stocks-right-now/ Tue, 14 Dec 2021 14:45:00 +0000 https://www.tomaszpietak.com/should-value-investors-choose-brunswick-bc-stocks-right-now/ Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that go unnoticed and are attractive buys, or offer great discounts off their fair value? One way to find these companies is to look at several key financial metrics […]]]>

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that go unnoticed and are attractive buys, or offer great discounts off their fair value?

One way to find these companies is to look at several key financial metrics and ratios, many of which are crucial in the value stock picking process. Let’s put Brunswick BC stock into this equation and find out if it is a good choice for value investors right now, or if investors who subscribe to this methodology should look elsewhere for the best choices:

P / E ratio

A key metric that value investors always look at is the price-to-earnings ratio, or PE for short. It shows us how much investors are willing to pay for every dollar of profit in any given stock, and it’s easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock’s current PE ratio with: a) where this ratio has been in the past; b) how it compares to the industry / sector average; and c) how it compares to the market as a whole.

On this front, Brunswick has a 12-month PE ratio of 11.8, as you can see in the chart below:

Image source: Zacks Investment Research

This level actually compares quite favorably with the market as a whole, as the PE for the S&P 500 is around 24.6. If we focus on the long term trend of PE, its current level of PE puts it below its midpoint over the past five years.

Zacks investment researchImage source: Zacks Investment Research

Additionally, the stock’s PE also compares favorably with its industry’s 12-month PE ratio of 68.8. At the very least, it indicates that the title is currently relatively undervalued compared to its peers.

Zacks investment researchImage source: Zacks Investment Research

It should also be noted that Brunswick has a futures PE ratio (price to earnings for this year) of just 11.9, which is above the current level. So it’s fair to expect the company’s stock price to rise in the near term.

P / S Ratio

Another key indicator to note is the price / sales ratio. This approach compares the price of a given stock to its total sales, where a lower reading is generally considered better. Some people like this value metric more than others because it looks at sales, something that is much more difficult to manipulate with accounting tricks than profits.

Currently Brunswick has a P / S ratio of around 1.4. This is below the S&P 500 average, which currently sits at 5.1. We can see from the chart below that it’s slightly above the highs of this particular stock over the past few years.

Zacks investment researchImage source: Zacks Investment Research

On the contrary, it suggests some level of undervalued trading, at least by historical standards.

Broad value outlook

Overall Brunswick currently has a value score of A which places it in the top 20% of all stocks we cover from this look. This makes Brunswick a solid choice for value investors, and other key metrics show that quite clearly as well.

For example, the P / CF ratio (another great indicator of value) stands at 13.5 (which is a bit better than the industry average of 16.4). Obviously, BC is a solid value choice from several angles.

What about the stock as a whole?

While Brunswick may be a good choice for value investors, there are many other factors to consider before investing in this name. In particular, it should be noted that the company has a Growth score of A and a Momentum score of C. This gives BC a Zacks VGM score – or its overall fundamental score – of A. (You can read more at Zacks style scores here >>)

Meanwhile, the company’s recent earnings estimates have been encouraging. The current year has seen eight estimates rise and none have fallen in the past sixty days, while that of 2022 has seen five upward revisions and two downward.

As a result, the consensus estimate for the current year and 2022 have both improved by 1.4% in the past two months. You can see the trend of the consensus estimate and recent stock price development in the chart below:

Brunswick Corporation Price and Consensus

Brunswick Corporation Price and Consensus

Brunswick Corporation Price Consensus Table | Brunswick company quote

Despite an uptrend, British Columbia holds a Zacks Rank # 3 (Hold). This indicates that analysts have misgivings about the stock in the immediate future. Thus, we are looking for online performance from the company in the short term.

Final result

Brunswick is an inspired choice for value investors, as its incredible range of statistics is hard to beat on this front. Additionally, a strong industry ranking (top 26%) further supports the stock’s growth potential. However, with a rank 3 of Zacks, it’s hard to get too excited about this business as a whole. Additionally, over the past year the industry as a whole has clearly underperformed the market as a whole, as you can see below:

Zacks investment researchImage source: Zacks Investment Research

So despite Zacks ranking 3, we believe that bullish analyst sentiment and industry support factors make this value stock a compelling choice.

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To read this article on Zacks.com, click here.

Zacks investment research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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