Cenovus Energy Inc T.CVE

CASH FLOW..... VS ..... IMPAIRMENTS .....VS... PROFITS

[RagingBull3]

You want your Operating Cash Flow Statement to be Positive From PROFITS NOT from reversal of Impairments/depreciation. 

I guess you can call it the "QUALITY" of the Cash Flow.    One's good, the other not so good.   

All just my opinion/view/thinking

[RagingBull3]

Think of it this way:    1) Someone pays you $5000 for a ride somewhere and you get there with no problems. You have Cash Flow of $5000 CASH and profit of $5000. 2) Someone pays you $5000 for a ride but you hit a pot hole and damage your car and now worth $4000 less.    You have $5000 CASH and book and Impairment of $4000 and Profit of $1000. In situation #2, you have $5000