Earnings
June 25, 2022 - AGF.B
New! AGF Management Ltd. Q2-2022 Earnings, Price Target Update .....
June 24, 2022 - PLZ-UN
New! Plaza Retail REIT- Q1-2022 Earnings, Price Target Update .....
June 23, 2022 - BEI.UN
Boardwalk REIT - Q1-2022 Earnings, Price Target Update .....
June 22, 2022 - CAR.UN
CAPREIT - Q1-2022 Earnings, Price Target Update .....
June 19, 2022 - GRT.UN
Granite REIT - Q1-2022 Earnings, Price Target Update .....
June 17, 2022 - KBL
K-Bro Linen Inc. Q1-2022 Earnings, Price Target Update .....
June 16, 2022 - PBH
Premium Brands Holding Corp. Q1-2022Earnings, Price Target Update .....
June 15, 2022 - NWC
North West Company - Q1-2022 Earnings, Price Target Update .....
Recommendation Changes
GEI, ALA, CNQ, FTS, SMU.UN, more...
Adjusted Funds from Operations

Adjusted Funds from Operations (AFFO) is the amount of cash (or near cash) generated by a business,  including costs necessary to sustain productive capacity. AFFO can be retained and used internally to fund growth, or can be distributed to owners.

AFFO stands for Adjusted Funds from Operations. This amount is determined by starting with net income(as determined under Generally Accepted Accounting Principles), and adjusting for non cash amounts or amounts related to capital spending. Examples of non cash amounts would be unrealized gains or losses on hedging contracts. It also includes depreciation, depletion or amortization which are a non-cash expenses. Capital spending can be identified as either growth or sustaining. If determined to be sustaining this is deducted from AFFO.

Other terms that essentially mean much the same as AFFO are Distributable Cash, Adjusted Operating Net Income and Free Cash flow. AFFO is most meaningful when calculated on a per share basis then compared with dividends per share to determine the AFFO payout ratio.


Produced by H.C. Levant, – Reproduction of this material in part or it’s entirety is subject to copyright licensing agreements and is forbidden except only with the express written consent of the author.

New Issues & Acquisition
June 25, 2022
New! Coverage Universe - Weekly Price Change: June 17-24, 2022
June 18, 2022
Coverage Universe - Weekly Price Change: June 10-17, 2022
June 10, 2022
Coverage Universe - Weekly Price Change: June 3-10, 2022
June 4, 2022
Coverage Universe - Weekly Price Change: May 27 - June 3, 2022
May 31, 2022
Dream Impact Trust - 5.75% Convertible Debenture New Issue
May 31, 2022
Premium Brands Holding Corp. 5.4% Convertible Debenture New Issue
May 29, 2022
Coverage Universe - Weekly Price Change: May 20-27, 2022
May 27, 2022
Coverage Universe - Weekly Price Change: May 20-27, 2022