Hanger Orthopedic's 2006 4th-Quarter Cash Flow

There are an infinte number of ways an investor can analyze the financial status of a company. GDT likes looking at "cash flow." In a nutshell, GDT defines "cash flow" as the amount of cash coming into a business minus the amount of cash going out. GDT likes companies that have "positive" cash flows.

   "In the fourth quarter of 2006, cash flow from operations was 
    $15.9 million, compared to the prior year's $12.3 million. Cash 
    flow from operations for the year ended December 31, 2006, excluding 
    the impact of the refinancing, was $29.3 million compared to the 
    prior year's actual of $25.7 million. Including the effect of the 
    refinancing, cash flow from operations for the year ended December 
    31, 2006, was $24.0 million compared to the prior year's $25.7 million."

Analyzing cash flow is difficult because it can be influenced by numerous non-recurring business activities.

Finance.Yahoo.com:: HGR closed at $10.31 per share on 13 February 2007. The company announced 2006 4th-quarter results after the market closed on 2007.02.13.

Exercises
  1. No or Yes: Hanger Orthopedic had a positive cash flow during the 2006 4th-quarter.

  2. Hanger's 2006 4th-quarter cash flow was $_____________ greater than its 2005 4th-quarter cash flow.

  3. No or Yes: For the year 2006, including the effect of the refinancing, Hanger Orthopedic's positive cash flow was greater than 2005's positive cash flow.

More... Date Formats

The Hanger Orthopedic press release contained a date written in a "Month DD YYYY" format.

   December, 31, 2006

   other date formats:
   31 December 2006    (DD Month YYYY)
   31 Dec 2006         (DD abbreviated Month YYYY)
   12/31/2006          (MM/DD/YYYY)
   2006.12.31          (YYYY.MM.DD)
   more...             (plus international date formats)

   2-digit years should be avoided (bad news for BADs)...
   12/31/06  or  31 December 06   or  06.12.31

   LongNow.org advocates using 5-digit year...
   12/31/02006  or  31 December 02006  or  02006.12.31

Creator: Gerald D. Thurman [gthurman@gmail.com]
Created: 13 February 2007

Creative Commons License
This work is licensed under a Creative Commons License.