Hi, nice article indeed !
I am not an analysts so Just wondering if the analysts do not concentrate on these important aspect then what they concentrate on :)
Cash flow is such an important tool to measure companies cash generating abilities from operating activities which will indicate if the business is performing well as cash generated from investing & financial activities do not give clear picture if we are looking for consistency & cash generating abilities in future.
Also wanted to know your opinion about reclassification of assets and liabilities in balance sheet. For e.g sometimes company try to push current liabilities into non current liabilities to show better liquidity ratio. Specially those unsecured loan from various parties but it is not possible to know detail about those loans from BS unless you are looking into the corresponding notes.Do you give importance to this area?