Enrons stated revenue and cash flow?
stopthebreaks asked:
Cant seem to fine Enrons 10k after 1997 on EDGAR.
Cant seem to fine Enrons 10k after 1997 on EDGAR.
IN my research, i (think) Enron’s state revenue was really high, with the help of mark-to-market accounting but its cash flows were negative for most of the 90′s, right?
If that is true, why was Enron’s stock price so high, having a high revenue but a negative cash flow gives a negative impression doesnt it?
Elizabeth
Enron was a fraud case. It was selling and buying from itself so it seemed like it was doing a great business and that’s what bumped up it’s share price. Remember, share price is all about perceived value.
The purpose of high revenues but no payments on those invoices were.