---
title: "Company numbers | RupeeCase Blog"
description: "Reading ROE, cash flow, leverage, goodwill, buybacks and splits past the headline, with the lines a press release leaves out."
source_url: "https://www.rupeecase.com/blog/topic/company-numbers/"
---

RupeeCase notes . Topic

# Company numbers

      Reading ROE, cash flow, leverage, goodwill, buybacks and splits past the headline, with the lines a press release leaves out.

* **24**notes in this topic
* **6**to read in order
* **3**questions answered

        01Read in this order

## Six notes that carry the idea.

1. [06Interest coverage: the number under the profit6 min . 12 Jul 2026](/blog/2026-07-12-evening-interest-coverage/)
2. [06Interest coverage: the number under the profit6 min . 12 Jul 2026](/blog/2026-07-12-evening-interest-coverage/)
3. [06Interest coverage: the number under the profit6 min . 12 Jul 2026](/blog/2026-07-12-evening-interest-coverage/)
4. [06Interest coverage: the number under the profit6 min . 12 Jul 2026](/blog/2026-07-12-evening-interest-coverage/)
5. [06Interest coverage: the number under the profit6 min . 12 Jul 2026](/blog/2026-07-12-evening-interest-coverage/)
6. [06Interest coverage: the number under the profit6 min . 12 Jul 2026](/blog/2026-07-12-evening-interest-coverage/)

        02Every note

## 24 notes, newest first.

1. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
2. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
3. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
4. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
5. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
6. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
7. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
8. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
9. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
10. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
11. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
12. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
13. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
14. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
15. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
16. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
17. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
18. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
19. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
20. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
21. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
22. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
23. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)
24. [Brent: absorbers, amplifiers and the OMC counter tradeA crude move hits upstream energy on the revenue line, aviation and paints on the cost line, and oil marketing companies the opposite way to ONGC despite the same sector tag.10 May 2026 . 6 min](/blog/2026-05-10-morning-brent-absorbers-vs-amplifiers/)

        03Go deeper

## From the notes to the course, and to the cards.

          [Learn path 6The free Learn course on the same ground, with a certificate at the end.](/learn/path-6/)
          [18 index algosEvery RupeeCase strategy, model back tested, in your own demat.](/strategies/)
          [All eight topicsBack to the hub: reading paths, search and the latest notes.](/blog/)

        04Questions, answered with figures

## Three questions readers ask about company numbers.

        Is a high ROE a sign of quality?Not on its own. ROE is net margin times asset turnover times the equity multiplier. A brand, a retailer and a lender all print 18 percent from 18x1x1, 3x3x2 and 20x0.09x10, with returns on assets of 18, 9 and 1.8 percent. [Read the note: Three ways to make eighteen percent](/blog/2026-09-03-morning-three-ways-to-make-eighteen-percent/)

Why can a profitable company run out of cash?Because profit is booked when a sale counts and cash arrives when the customer pays. Stretching receivable days from 45 to 95 on 40 percent growth turns a profit of 140 into minus 101 of operating cash. [Read the note: Profitable and broke](/blog/2026-08-12-evening-profitable-and-broke/)

Does a stock split or bonus issue make me richer?No. A 1:1 split turns 1,000 shares at Rs 200 into 2,000 at Rs 100; the P/E, the ownership fraction and the total value are unchanged, and bonus shares start a fresh holding period clock for tax. [Read the note: The stock split that changed nothing](/blog/2026-07-31-morning-stock-split-illusion/)

    Explore next

## Where to go next.

* [Free module 1.4Reading Financial Statements11 min read](/learn/path-1/module-1-4-reading-financial-statements)
* [Free module 9.2Revenue Quality and Earnings Quality10 min read](/learn/path-9/module-9-2-revenue-quality-and-earnings-quality)
* [LearnLearn systematic investing, free11 paths, 70 modules, certificates](/learn/)