RE: BEV coverage on ROBtv todayVery good explanation lr7. I am not an accountant but my girlfriend is a CA & my sister is a CMA. Needless to say I consult them often & have been able to grow my knowledge in this regard.
A couple other comments....BV is the same as Shareholders equity (SE) which is the term used on the balance sheet. The SE is usually the equity portion of the debt/equity ratio. THe net earnings directly impact the SE on each quarterly earnings report. The cash asset will become a capital asset so assets remain the same as does SE. Depreciation of the capital asset will show in the net earnings & be reflected in the net capital asset & SE accordingly. Permitting related expenses might be categorized as an expense and thusforth effect net earnings as they are encountered. Your goodwill comments are bang on.
When you consider that the tangible cost of the NB plant is about $1 per share & they could make that amount back in cash net earnings in the first year of full operation, it is pretty impressive & helps to highlite the benefits of BEV as a very attractive investment. Cheers!!!