NEW YORK, June 4, 2002 (PRIMEZONE) -- StockDiagnostics.com announces that The Coca Cola Company sets OPS (Operational-cashflow Per Share) records for its first-quarter, six-months and twelve-months ended March 31, 2002. OPS increased 34% for the three-months, 17% for the six-months and 5% for 12-months ended March 31, 2002 over the comparable periods ended March 31, 2001.
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For the first-quarter ended March 31, 2002, Coca Cola's computed OPS was $0.39, an increase of 34% over its OPS of $0.29 for its first-quarter ended March 31, 2001. Coca Cola's OPS for the six-months ended March 31, 2002, increased to $.81, a rise of 17% as compared to its OPS of $.69 for the six-months ended March 31, 2001. In the trailing 12-months ended March 31, 2002, Coca Cola's OPS increased 5% to OPS of $1.75 as compared to its OPS of $1.67 per share for the comparable trailing 12-months ended March 31, 2001.
What is OPS?
OPS(TM) stands for "Operational-cashflow Per Share." It is derived from the line item "Cash Flow from Operations" which appears in a company's quarterly and annual Cash Flow Statements filed with the Securities & Exchange Commission. "OPS" is calculated by dividing a company's Cash Flow from Operations by the total number of shares outstanding. After conducting in-depth research on Operational-cashflow Per Share, StockDiagnostics.com determined that OPS could be used to measure the quality of a company's EPS and for monitoring its overall financial health. Cash Flow from Operations is a company's financial lifeblood and a sudden decrease in it can drain this lifeblood, causing an increase in; debt, share dilution, share price erosion, and in the more extreme cases, bankruptcy.
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