Ledger Archives
The Case of Negative Cash Flow: Why Profitability Doesn’t Always Mean Liquidity
In this Sherlock-style financial mystery, we uncover why a company can show profits yet bleed cash. With real examples from Jet Airways, Valeant, and WeWork, learn how to spot red flags in cash flow vs net income.
Ledger Archives
The Cash Ratio Red Flag: Cash Hoarding vs. Cash Efficiency
In this Sherlock Holmes-style financial case, we explore how companies with high cash ratios—like Apple, Infosys, and Toshiba—might be hoarding liquidity instead of investing for growth. Learn how to detect red flags behind solvency.
Red Flag Riddles
Case File IV: Dividends, Deceptions, and Debt Disguises
Test your forensic finance instincts in this interactive red flag game. Can you spot unsustainable dividends, debt-funded payouts, and disguised financial weaknesses? Inspired by real-world cases and Sherlock-style deductions.
Ledger Archives
The Current Ratio Conundrum: When Liquidity Ratios Give False Comfort
This Sherlock Holmes-style investigation explores how current ratios can deceive investors. From IL&FS to Tesco, learn how receivables, inventories, and timing tricks inflate liquidity—and how to spot the red flags using the quick ratio.
Ledger Archives
The Asset Aging Mystery: Old Assets Dragging Down Efficiency
In this Holmes-style forensic deep dive, we investigate companies clinging to outdated assets. Learn how aging machinery affects asset turnover, why capex deferrals can mislead, and how to detect wear-and-tear hiding behind the numbers.
Red Flag Riddles
Case File III: Figures, Fictions, and Financial Fog
Goodwill gambits, lease labyrinths, and segment switcheroos await your deduction.
Sherlock Holmes studies a hazy financial statement through fogged spectacles, surrounded by ambiguous charts and obscured figures.
Ledger Archives
The Payables Predicament: Delayed Payments to Suppliers
In this Sherlock Holmes-style forensic analysis, we investigate the subtle signs of supplier delays, inflated cash flows, and DPO manipulation—featuring real-world cases from Carillion to Evergrande. Not every unpaid bill is an accident.
Ledger Archives
The Receivables Riddle: When Sales Don’t Convert to Cash
Not all sales are created equal—especially when the cash never comes. In this Sherlock Holmes-style forensic finance article, we investigate rising receivables, fake invoicing, and global frauds where revenues looked real… but the money never showed up.