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Between October 2002 and September 2003 the party of free enterprise was in danger of becoming a state subsidised institution, when public subsidies (£5m) exceeded cash donations (£4.6m).
Over the first three quarters of 2004, capital spending exceeded cash flow from operations by $833 million.
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As recently as late 1998, Gap had more cash than debt; the debt now exceeds cash by $1.2 billion.
Since the bills coming in each day would exceed cash receipts, this would mean falling further and further behind.
In contrast, 1999 was the first time in five years that capital spending did not exceed cash flow -- in other words, companies did not binge on easy money.
Of course, many companies' short-term liabilities equal or exceed cash on hand.
However, when net income exceeds cash flow consistently or by a large margin, earnings are less predictable and less useful in predicting stock prices.
Although leguminous plants used as green manures are capable of fixing N in quantities which exceed cash crop demand, the prospect of replacing significant quantities of Haber-Bosch N with BNF is widely viewed as impractical due to yield reductions.
It had sought to create an endowment — "a war chest for jazz," Mr. McFarlin called it — with the Campaign for Jazz, a drive begun in 2006 whose costs, Mr. Owen said, "greatly exceeded the cash that was received".
When a customer's withdrawals exceeded the cash invested, Cohmad's employees no longer earned fees on that account, even though the customer's statements still showed a substantial balance, according to the suits.
Viggle users are know spending an average of 73 minutes in the app per session, says Viggle President and COO Greg Consiglio, and revenue exceeded the cash cost of rewards each month in the quarter.
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