SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Conseco Insurance (CNO)
CNO 41.33+0.2%1:11 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AK2004 who wrote (2498)8/21/2000 7:44:07 PM
From: Kevin Podsiadlik  Read Replies (1) of 4155
 
After I imposed a series of not-very-demanding statistical tests (price-earnings ratio less than 20, price-book ratio of 3 or less, price-sales ratio of 3 or less, and long-term debt less than stockholders' equity)

I'll give Dorfman the benefit of the doubt that he did his calculations without the benefit of the CNC's most recent 10-Q, but under the current figures CNC does not pass the last of those tests listed above -- not even close.

From Market Guide, long-term debt (a figure not specifically quantified in the 10-Q itself) is listed as $18.4439B, while the 10-Q itself lists shareholder equity as $4.9124B.

It's possible Dorfman figures LTD (very) differently from Market Guide, but it still remains that debt-to-equity is much, much higher for CNC than any of its major competitors. See: #reply-14008664
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext