This ended up being pretty accurate 🎯
Source: Leandro - invesquotes
Change
Source: successpictures, Compounding Quality
The power of small consistent effort
Source: Compounding Quality
Economic Growth Forecasts for G7 and BRICS Countries in 2024 🗺️
Source: knownquotes
Quote by Jeff Bezos
Source: knownquotes
The Altman Z-score as explained by Brian Feroldi
The Altman Z-Score is a formula developed by Edward Altman in the 1960s. It is used to predict the likelihood of a company going bankrupt within two years. The Z-Score uses five different financial ratios to come up with a single number that measures the company's financial health. Altman Z-Score breaks down into five major components: • 𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝘁𝗼 𝗧𝗼𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁𝘀 - A measure of 𝗹𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 • 𝗥𝗲𝘁𝗮𝗶𝗻𝗲𝗱 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝘁𝗼 𝗧𝗼𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁𝘀 - A measure of 𝗽𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 • 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗕𝗲𝗳𝗼𝗿𝗲 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗮𝗻𝗱 𝗧𝗮𝘅𝗲𝘀 𝘁𝗼 𝗧𝗼𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁𝘀 - A measure of 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 • 𝗠𝗮𝗿𝗸𝗲𝘁 𝗩𝗮𝗹𝘂𝗲 𝗼𝗳 𝗘𝗾𝘂𝗶𝘁𝘆 𝘁𝗼 𝗧𝗼𝘁𝗮𝗹 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 - A measure of 𝘀𝗼𝗹𝘃𝗲𝗻𝗰𝘆 • 𝗦𝗮𝗹𝗲𝘀 𝘁𝗼 𝗧𝗼𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁𝘀 - A measure of 𝗮𝘀𝘀𝗲𝘁 𝘁𝘂𝗿𝗻𝗼𝘃𝗲𝗿 𝗛𝗲𝗿𝗲'𝘀 𝗮 𝗯𝗿𝗲𝗮𝗸𝗱𝗼𝘄𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗳𝗼𝗿𝗺𝘂𝗹𝗮: (1.2 × Working Capital/Total Assets) + (1.4 × Retained Earnings/Total Assets) - (3.3 × EBIT/Total Assets) + (0.6 × Market Value Equity/Total Liabilities) - (1.0 x Sales/Total Assets) = Altman Z-Score Altman Z-Score RESULTS: 0.0 - 1.8 = Distress Zone 1.8 - 3.0 = Grey Zone 3.0 - 4.0+ = Safe Zone
The Japanese secret to a long, happy and meaningful life: Ikigai
Ikigai: passion | mission | vocation | profession • What you love • What you are good at • What the world needs • What you can get paid for Source: Vala Afshar, Dreamstime
"The solid sales growth in the first quarter reflects the loyalty of our clients worldwide"
- Axel Dumas, Executive Chairman of Hermès $RMS Q1 2024 revenue growth by business line: Source: Quartr
