Digital Library
Close Browse articles from a journal
 
<< previous    next >>
     Journal description
       All volumes of the corresponding journal
         All issues of the corresponding volume
           All articles of the corresponding issues
                                       Details for article 5 of 13 found articles
 
 
  Incorporating cash flow analysis with traditional analysis for evaluating casino financial stability
 
 
Title: Incorporating cash flow analysis with traditional analysis for evaluating casino financial stability
Author: Bible, Lynn
Mills, John
Appeared in: International gambling studies
Paging: Volume 1 (2001) nr. 1 pages 150-173
Year: 2001-09
Contents: The rapid growth and greater competition among casinos has resulted in a number of firms being financially impaired while others are being forced into mergers and consolidations. Many US gaming regulators have adopted regulations for monitoring the financial stability of casino properties. These regulators typically use financial statement analysis tools for measuring the financial stability of the gaming properties. This has traditionally consisted of measures derived from the income statement and balance sheet while ignoring the statement of cash flows. At this time, there is little information on how to read the statement of cash flow, let alone how to analyze this statement. While prior studies have been mixed on the informational content of cash flow information, they conclude that cash flow information does help explain many of the changes in the balance sheet and income statement and thus helps in the understanding of changes that have taken place in a corporation. This type of information should lead to a better understanding of the financial stability of gaming properties. The use of cash flow ratios along with the traditional ratios should provide additional assurances about the liquidity and solvency of gaming corporations.
Publisher: Routledge
Source file: Elektronische Wetenschappelijke Tijdschriften
 
 

                             Details for article 5 of 13 found articles
 
<< previous    next >>
 
 Koninklijke Bibliotheek - National Library of the Netherlands