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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Perspective who wrote (112516)7/13/2001 5:03:34 PM
From: Earlie  Read Replies (1) of 436258
 
BC:

I see others have already commented, but for me, the value of balance sheet analysis is that so few folk do it and it is the place where the lies are most easily detected. Not trying to suggest that it is easy, but it sure does provide a decent view of the soft underbelly of many companies.

At this end, we are most interested in the trends that show up. Is the debt increasing (and does the reported debt jibe with other known facts?..... "off-balance sheet" stuff is not easily sniffed out). Goodwill, "other investments", capitalized expences rising? Receivables increasing?
We also find it best to read the fine print in the 10-Qs as the balance sheet is perused. Am,azing things come to light when this is done. (g)

Best, earlie
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