Conservative Leverage / Strong Balance SheetLow absolute debt relative to equity provides durable financial flexibility for a capital-markets firm. Conservative leverage reduces refinancing and liquidity risk, enabling the company to absorb market swings, fund operations or opportunistic investments and sustain operations over months.
Sharp Revenue And Profitability ReboundA material revenue increase and strong net income in the most recent year demonstrate the business can generate high margins and returns when conditions favor it. Sustained profitability supports reinvestment, balance sheet strengthening and long-term franchise viability if not purely one-off.
Improved Cash Generation In Latest YearTransition to positive operating and free cash flow indicates improved ability to convert earnings into liquidity. Durable cash generation enhances capacity to fund growth, reduce debt or return capital, lowering dependence on external financing across future cycles.