PHILADELPHIA AFP - FEBRUARY BREAKFAST MEETING

Date: February 13, 2008
Time: 7:00a.m. - 9:00a.m.
Location: Doubletree Guest Suites
640 West Germantown Pike
Plymouth Meeting, PA 19462

Speaker: Cassio Calil, JPMorgan Chase

Topic: Evaluating Balance Sheet Strength based on Capital Structure

For stock investors who favor companies with good fundamentals, a strong balance sheet is an important consideration for investing in a company's stock. The strength of a company's balance sheet can be evaluated by three broad categories of investment-quality measurements: working capital adequacy, asset performance, and capital structure. Cassio Calil, from JPMorgan, will speak to us about evaluating balance sheet strength based on the composition of a company's capital structure.

A company's capitalization (not to be confused with market capitalization) describes the composition of a company's permanent or long-term capital, which consists of a combination of debt and equity. A healthy proportion of equity capital, as opposed to debt capital, in a company's capital structure is an indication of financial fitness.

We hope you can join us!

Please register at http://www.ersvp.com/r/Feb08

For directions to the Doubletree Guest Suites please on the following link: directions