´´ May 2015

Thursday, May 7, 2015

Osaka Gas (JP:9532) - Nice in Disguise

Fortunately, in good accounting literature one is often advised to scrutinize a company’s quality of earning. A quality of earning break down adjust for the fact that accounting profits of a company seldom match economic profits (the true profits). But it is the economic profit that the astute security analyst should be most interested in.