Net fixed asset (NNA) is a measure of a company’s cash flow.
Net fixed income (NLI) is the amount of money that a company has invested.
Net cash flow (NCF) is its operating cash flow, minus expenses.
The chart below shows that Net fixed equity (NCE) is up for grabs.
It is down for all the wrong reasons.
First, net cash flow is the difference between operating cash flows and net income, and NCE is a much higher figure than NCA.
Second, the NCE number is a function of the valuation of the company.
So if the valuation is too high, then the NCA number is even higher.
As you can see, the price of NCE (which is what the investor is paying for the stock) is rising, but the NCS is falling.
And third, the net cash outflows (NEC) is down, as the company is still making money.
In other words, NCE doesn’t matter as much as it used to.
But it matters in an extreme way when it comes to the stocks of Apple, Microsoft, Google, and Facebook.
To be clear, the stocks listed below are not for sale.
They are simply examples of the stock market’s extreme performance.
All are still in high-growth areas, and the stock is cheap enough to be considered a buy.
You can find the complete analysis on the Yahoo Finance website.
Read more about the stock markets.
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