What Does SCI Do with It’s Cash?
Have you ever wondered what Service Corp International does with all it’s cash? The below report from Daily Finance outlines the companies cash flow statement to see how much money is truly being earned, and more importantly , what company management is doing with that cash.
In the quest to find great investments, most investors focus on earnings to gauge a company’s financial strength. This is a good start, but earnings can be misleading and incomplete. To get a clearer understanding of a company’s ability to earn money and reward you, the shareholder, it’s often better to focus on cash flow. Read the complete report from Daily Finance here: http://www.dailyfinance.
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