What will cashflow be for the 3rd quarter? It better be substantial given that it was only $5 billion for the 1st half of 2023.
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Debt isn’t part of FCF.
So they just borrow more and tada! They meet 16B in FCF!
Yay!
If you wan to determine how a company is really performing then look at the cash flow statement. Look to see from where the company is getting its money.
$13.75
It will be enough to sustain the business and pay the shareholders some profit.
Oh, I get it. The internal makes the price go up and the fiefdom is making holding the stock price down. Makes sense.
Real costs never make it to balance sheet. That’s why the company can’t pull out of this mess. Most financials reported to execs are “spun” in a way they look good on paper but never get realized.
The deal makers always leave out implementation/operations costs.
And of course the expense system updates that we pay for twice — once our internal
Staff of project managers and then expensive Accenture development rates.
No one overseeing it all. Each VP keeping their own fiefdom.
Company can’t even figure out a good reorg.
Not good…
Paschal and Johnnie are real bad at math!
Can we cook the books and make the debt go away?
Yes, cook the books and pay the investors, pay the workers. Go Stankey.
Stankey and his henchmen will meet FCF by hook or by crook! Guaranteed. You can't trust any financials they release, they are always manipulating the numbers and cooking the books to satisfy shareholders and Wall Street.
I believe long term debt increased last quarter by 4.5 billion. Debt doesn’t count against FCF since you can pay it later.
Not to bite the hand that feeds me, but those of us in Wave 1 RTO layoff (refused to "follow the work") are still on salary and will be getting severance if I leave, according to written offer sent to me. Wave 2 follows next year.
Expect that to be a "temporary operating expense" or some similar euphemism so they can weasel out of honest cash flow numbers. Make no mistake, though, it's real cash still flowing to real people.
After all the consecutive debacles, how this CEO and his team still have jobs will always be a mystery.
And then updated down in Jan.
The numbers will certainly be massaged and tweaked in order to meet the cash flow goal that T management expects for the year end results. No matter what the actual number is, T management will make sure it ultimately equates to $16B by year end!
WHO CARES?
It’s expected to be low since no significant layoffs have really happened. Headcount has remained relatively static: