FRA Financial Statement Analysis Flashcards
Bottom-Up Analysis
An investment selection approach that focuses on company specific circumstances rather than emphasizing economic cycles or industry analysis
Credit Analysis
The evaluation of credit credit risk; the evaluation of the creditworthiness of a borrower or counterparty
Growth Investors
With reference to equity investors, investors who seek to invest in high-earnings-growth companies
Screening
The applications of a set of criteria to reduce a set of potential investments to a smaller set having certain desired characteristics
Top-down analysis
An investment selection approach that begins with consideration of macroeconomic conditions and then evaluated markets and industries based upon such conditions
Total invested capital
The sum of market value of common equity, book value of preferred equity and face value of debt
Value Investors
Investors who are focused on paying a relatively low share price in relation to earning or assets per share
