Operational Cash Flow Per Share (April 9, 2008)
Do you know what operational cash flow per share (OPS) means? Also, do you know there is a source on Lexis® that lets you know the OPS of a company? Gayle Lynn-Nelson, Senior Librarian Relations Consultant has the source for you.
StockDiagnostics monitors the OPS for over 10,000 publicly traded companies and assigns them an OPS Rating. OPS Ratings are based on an independent research methodology with a neutral approach. It measures the long-term risk associated with a company's ability to remain in business. Ratings and alerts are ranked into one of eight distinctive "risk" categories. Each of the categories is based on a company's operating cash flow for its last 4 quarters and its cumulative operating cash flow for its most recent 12 months. OPS Ratings are upgraded, downgraded, or reiterated each time a company files a quarterly report and any time its financial statements are amended.
Let’s use one of Gayle’s favorite companies, Disney, to find a sample OPS. Run a search in the following: News & Business > Individual Publications > S > Stockdiagnostics. The search is: company(Disney). From the results, open a document in full. You find that Disney has an OPS of only 1, which might give some investors cause to pause.
Now you know how to easily find OPS on www.lexis.com.