Investing Literacy
Metrics glossary
One metric or concept per long-form explainer — answer-engine entity pages.
HubHubWhat Is Free Cash Flow? A Plain-English Guide for Canadian DIY Investors
What free cash flow (FCF) means for Canadian DIY investors: formula intuition, how it differs from earnings, TSX examples of use, and common pitfalls.
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SpokeWhat Is AISC? A Plain-English Guide for Canadian DIY Investors
What all-in sustaining cost (AISC) means for gold-miner investors: the World Gold Council formula, what's included and excluded, by-product credits, operating leverage to the gold price, and how to read AISC critically. Educational, not advice.
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SpokeWhat Is Dilution? A Plain-English Guide for Canadian DIY Investors
What share dilution means for Canadian stock investors: how equity raises, stock-based pay, convertibles, warrants and DRIPs shrink your ownership, basic vs diluted EPS, and a five-step check for whether a share issue is accretive. Educational, not advice.
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SpokeWhat Is FFO? A Plain-English Guide for Canadian DIY Investors
What funds from operations (FFO) means for Canadian REIT investors: the REALPAC definition, how FFO differs from IFRS net income and AFFO, typical adjustments, P/FFO, and the payout-ratio checks that matter. Educational, not advice.
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SpokeWhat Is Net Interest Margin? A Plain-English Guide for Canadian DIY Investors
What net interest margin (NIM) means for Canadian bank investors: the formula, what moves it (rates, deposit mix, mortgage renewals), basis-point sensitivity, all-bank vs segment NIM, and how to read it alongside credit losses. Educational, not advice.
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SpokeWhat Is Owner Earnings? A Plain-English Guide for Canadian DIY Investors
What owner earnings means: Buffett's 1986 definition, how it differs from net income, EBITDA and free cash flow, how to estimate maintenance capex, and where it helps Canadian DIY investors value asset-heavy TSX stocks. Educational, not advice.
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SpokeWhat Is ROE? A Plain-English Guide for Canadian DIY Investors
What return on equity (ROE) means for Canadian DIY investors: the formula, the DuPont breakdown (margin, turnover, leverage), when ROE misleads (debt, buybacks, write-downs), and how to use it for banks and quality screens.
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SpokeWhat Is EV/EBITDA? A Plain-English Guide for Canadian DIY Investors
What EV/EBITDA means for Canadian DIY investors: enterprise value, EBITDA intuition, when the multiple helps on the TSX, and when it misleads.
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