SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JDN who wrote (27681)2/9/1999 9:05:00 PM
From: Karl Drobnic  Read Replies (1) of 31646
 
JDN: Reviewing the balance sheet was one of the first things I did. Current ratio is 2.47. Cash in the treasury at 12/31 of $7.5 mil. just about equals long term debt (RenCap, Tandem, Silicon Bank, capital leases) of $7.53 mil. (The CFO breaks it out on the CC). EBIDTA/shares = $.31/share. Y2k software will be totally written off by 1/1/00. TAVA wrote off $648,000 for Y2k software this quarter (which is why it is important to look at EBIDTA to get the "cash to the treasury" EPS). These are powerfully improving fundamentals and underlie much of what else was said on the CC today. They make the growth possible.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News