Thursday, November 29, 2012

Garbage in and garbage out

I looked at the net cash of DECK. It has a net cash / market cap of 46%. Quite impressive. However, the data is almost a year old from Fidelity. I looked at Cisco, the data is quite updated. Hence, the date of the data determines whether it is outdated or  not.

Even with current data, DECK's net cash is about 15% (by rough calculation) and it is not heading to bankruptcy with a healthy P/E. However, it has high long-term debt. In this case, net cash does not tell the entire story.

To get updated info of a company:
Always go to the company's investor relations website, or the SEC Edgar website for company filings. 

1 comment:

  1. HP has been poorly managed for years, and has significantly overpaid for acquisitions, but it also has the biggest upside potential. But it should only be purchased with speculative money.

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