TSX:IBG.DB.E - Post by User
Post by
Oakboy1110on Mar 07, 2021 5:35pm
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Post# 32739968
Maybe some negatives to the eps but not cash flow or EBITDA
Maybe some negatives to the eps but not cash flow or EBITDAThere is a couple of headwinds this quarter that will negatively impact net income and therefor the reported EPS.
Dollar strenghing will result in larger foreign exchange loss.
There will be additional interest due to issuing the new debenture before redeeming to old convertible debenture. I doubt the bank will give them the 6 plus %interest on the funds that are on deposit until the old debenture was redeemed in mid January.
The one big negative, which I hope they report in the 4th quarter, is the adjustment of the carrying value of the convertibles debentures to 46 million the redemption amount. Could amount to 6 plus million dollars. It does not have a cash effect.