NEW YORK, May 29, 2002 (PRIMEZONE) -- Dow Chemical's OPS(TM) (Operational-cashflow Per Share) was positive and its OPS/EPS ratio for its trailing twelve months hits a record high of 6.2 to 1. StockDiagnostics.com has upgraded Dow Chemical Company (NYSE:DOW) to an OPS Rating(TM) of "1." An OPS Rating of "1" is the highest that a company can receive. OPS Ratings on more than 7,500 companies can be found at: http://www.stockdiagnostics.com
Dow Chemical's OPS Rating increase was justified by its recently filed Cash Flow Statements for its first quarter ended March 31, 2002. Its computed OPS (Operational-cashflow Per Share) for the quarter was $.16 per share as compared to ($.65) per share for the quarter ended March 31, 2001. To view Dow Chemical's quarterly OPS Diagnostic chart go to: http://www.stockdiagnostics.com/member/company/20qtrs/07/19607.htm
Dow Chemical's OPS (Operational-cashflow Per Share) for its most recent 12 months ended March 31, 2002 was $2.79 as compared with OPS of $.54 for the 12 months ended March 31, 2001. EPS (Earnings Per Share) was $.45 for the most recent 12 months ended March 31, 2002. To view Dow Chemical's "5 year history-trailing 12 month" OPS Diagnostic chart go to: http://www.stockdiagnostics.com/member/company/5yrs/07/19607.htm
What is OPS?
"OPS" is an acronym 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. StockDiagnostics.com created "OPS" (Operational-cashflow Per Share) as a metric that can be used to assess the real values of a company as opposed to artificial values for EPS and EBITDA or CFPS, which may be produced by creative accounting. Cash Flow from Operations is a company's financial lifeblood and a sudden decrease change in it can drain this lifeblood, causing an increase in debt, share dilution, share price erosion and in the more extreme cases, bankruptcy. For information on OPS (Operational-cashflow Per Share) go to: http://www.stockdiagnostics.com/member/ops.htm
How are OPS Ratings determined?
OPS Ratings were discovered from StockDiagnostics.com's in-depth research on Operational Cash Flow. These studies revealed that a company's OPS (Operational-cashflow Per Share) logically falls into a mathematical sequence that ranks it into one of eight distinctive risk categories. Ratings are scaled 1 through 8, with number one (1), being the highest rating and number eight (8), the lowest. A "Ratings Suspended" status is given for all companies diagnosed with The EPS Syndrome(TM) during the most recent four quarters. For more information on OPS Ratings go to: http://www.stockdiagnostics.com/member/ops_rating.htm
For information on The EPS Syndrome go to: http://www.stockdiagnostics.com/member/eps_syndrome.htm
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