Debt to Market Cap screen results. Most people look at debt to equity ratios, but that isn't what really counts. If a company has a huge price to book, they may have high debt-to-equity, but their enormous valuation assures existing shareholders that they can issue more debt with minimal dilution. It's the companies that employ amounts of debt that are large relative to their market caps that jeapordize existing shareholders.
Here's a list of those with total debt > market cap. I'm sure it leaves out many that belong due to the convoluted approach I had to take with the screening tool.
Enjoy; let me know if it is helpful.
BC
Note: First several already in bankruptcy; also, might be easier to import to spreadsheet with space delimiters.
Ticker Name Debt Debt/MktCap
1. AMBWQ AMF Bowling, Inc. 1,189.095 1,410.000
2. IRIDQ Iridium World Comm. Ltd. 2,316.842 1,174.333
3. FPFX FIRSTPLUS Financial Group 2,184.221 1,150.250
4. APUUY Asia Pulp & Paper Company 9,904.035 688.000
5. ASGXF Asia Global Crossing Ltd. 1,580.571 679.000
6. GBLXQ Global Crossing Ltd. 8,885.450 555.500
7. MFNXQ Metromedia Fiber Network 4,069.735 479.500
8. ADELQ Adelphia Communications 19,183.553 453.000
9. ABIZQ Adelphia Business Solut. 1,395.544 384.240
10. ENRNQ Enron Corp. 12,823.434 338.000
11. MCWEQ WorldCom Inc. - MCI Group 5,414.130 324.500
12. UAL UAL Corporation 10,327.219 160.898
13. PGOGY Petroleum Geo Service ASA 2,368.168 123.865
14. WBR Wyndham International, In 3,273.740 108.259
15. KQIPQ KPNQwest N. V. 1,695.187 93.867
16. BGY British Energy plc (ADR) 1,736.071 85.366
17. TWSTY TeleWest Communications p 8,829.535 79.026
18. SPGLA Spiegel, Inc. 1,387.123 70.081
19. CHTR Charter Communications 18,410.283 69.413
20. WCOEQ WorldCom Group 24,694.848 63.143
21. DJT Trump Hotel/Casino Resort 1,916.472 39.044
22. ALGX Allegiance Telecom, Inc. 1,201.094 33.179
23. AMR AMR Corporation 12,445.114 30.685
24. SBAC SBA Communications Corp. 1,011.247 29.149
25. AOR Aurora Foods, Inc. 1,085.832 28.151
26. NOR NorthWestern Corporation 2,406.736 27.981
27. LEND Accredited Home Lenders H 3,333.229 22.475
28. DX Dynex Capital, Inc. 1,161.046 21.925
29. NTL Nortel Inversora S.A. 1,065.930 19.493
30. KMRTQ Kmart Corporation 1,268.728 18.948
31. UHAL AMERCO 1,487.808 17.730
32. FLM Fleming Companies, Inc. 1,904.542 17.649
33. CAL Continental Airlines,Inc. 5,712.696 16.934
34. SCR.A Sea Containers Ltd. 2,239.363 16.885
35. FRE Freddie Mac 623,413.375 16.639
36. MIR Mirant Corporation 8,619.069 15.028
37. MHX Meristar Hospitality Corp 1,673.899 14.929
38. ACF AmeriCredit Corp. 3,978.784 14.866
39. KLM KLM Royal Dutch Airlines 4,546.525 14.497
40. ILA Aquila, Inc. 3,568.667 13.099
41. CPN Calpine Corporation 13,435.012 12.925
42. AGM Federal Agricultural Mort 3,278.027 12.200
43. CMS CMS Energy Corporation 7,543.738 12.035
44. SRP Sierra Pacific Resources 3,764.479 11.775
45. FNM Fannie Mae 710,514.625 11.413
46. F Ford Motor Company 156,005.281 10.955
47. STU Student Loan Corp., The 19,791.424 10.522
48. GM General Motors Corp. 186,186.266 10.506
49. LVMUY LVMH Moet Hennessy L.V. ( 9,090.733 10.252
50. WFSI WFS Financial Inc. 7,865.621 10.045
51. SAXN Saxon Capital, Inc. 3,071.366 9.884
52. RWT Redwood Trust, Inc. 4,952.224 9.844
53. DAL Delta Air Lines, Inc. 10,211.789 9.705
54. DVI DVI, Inc. 1,230.687 9.657
55. IMH IMPAC Mortgage Holdings 5,612.521 9.452
56. DRRA Dura Automotive Systems 1,099.945 9.406
57. ENI Enersis S.A. (ADR) 5,724.226 9.084
58. CNH CNH Global N.V. 3,326.701 8.763
59. TMM Grupo TMM, S.A. (ADR) 1,455.642 8.688
60. CIT CIT Group Inc. 30,105.533 8.326
61. DYN Dynegy Inc. 6,078.726 8.267
62. TMA Thornburg Mortgage, Inc. 9,351.541 8.036
63. ALS Alstom S.A. (ADR) 4,781.313 7.928
64. IX ORIX Corporation (ADR) 35,173.723 7.698
65. CMO Capstead Mortgage Corpora 1,329.201 7.586
66. AYE Allegheny Energy, Inc. 5,108.406 7.181
67. KOR Koor Industries Ltd. (ADR 1,369.456 7.024
68. WMB Williams Companies, Inc. 13,936.641 6.916
69. RRI Reliant Resources, Inc. 7,758.483 6.596
70. BAB British Airways plc (ADR) 10,820.612 6.398
71. VTO Vitro S.A. (ADR) 1,235.314 6.327
72. HI Household International 80,062.906 6.269
73. IST Ispat International N.V. 2,350.792 6.211
74. DTG Dollar Thrifty Automotive 2,384.953 6.044
75. BUH Buhrmann NV (ADR) 2,123.982 6.000
76. EP El Paso Corporation 17,579.188 5.917
77. PGTV Pegasus Communications 1,287.775 5.888
78. TSO Tesoro Petroleum Corp. 2,051.174 5.836
79. GMT GATX Corporation 4,279.599 5.742
80. BSC Bear Stearns Companie, Th 34,290.371 5.711
81. TEO Telecom Argentina STET (A 3,741.101 5.556
82. CNP CenterPoint Energy, Inc. 10,018.118 5.514
83. CCK Crown Holdings Inc 4,583.770 5.458
84. OMG OM Group, Inc. 1,213.561 5.194
85. WLT Walter Industries, Inc. 2,140.121 5.142
86. SNSA Stolt-Nielsen S.A. 1,650.868 5.010
87. CCH Coca-Cola Hellenic Bottli 16,504.344 4.860
88. GT Goodyear Tire & Rubber 3,623.860 4.819
89. PKS Six Flags, Inc. 2,307.619 4.810
90. S Sears, Roebuck & Co. 29,730.854 4.700
91. EMT Embratel Participacoes S. 1,470.899 4.555
92. AHO Ahold (ADR) 14,996.411 4.499
93. FCH FelCor Lodging Trust Inc. 1,680.642 4.393
94. PCS Sprint PCS Group 16,331.053 4.302
95. ING ING Groep N.V. (ADR) 108,095.445 4.289
96. CKC Collins & Aikman Corporat 1,288.929 4.014
97. URI United Rentals, Inc. 2,608.623 3.916
98. UCI UICI 1,772.173 3.856
99. WR Westar Energy, Inc. 3,337.417 3.818
100. CGA Corus Group plc (ADR) 2,866.759 3.773
101. TXU TXU Corporation 19,772.750 3.755
102. DEG Delhaize Group (ADR) 5,035.550 3.738
103. JCC Jilin Chemical Industrial 1,151.476 3.700
104. ICCI Insight Communications 2,592.616 3.677
105. AMT American Tower Corporatio 3,621.244 3.645
106. EIX Edison International 14,776.257 3.640
107. IPX Interpool, Inc. 1,555.200 3.635
108. UAG United Auto Group, Inc. 1,447.789 3.570
109. XEL Xcel Energy Inc. 16,091.704 3.562
110. UNS Unisource Energy Corp. 1,976.453 3.536
111. TWTC Time Warner Telecom Inc. 1,205.391 3.499
112. PHI Philippine Long Distance 3,064.227 3.493
113. MITSY Mitsui & Co., Ltd. (ADR) 29,822.049 3.444
114. CCI Crown Castle Internationa 3,345.243 3.427
115. IKN IKON Office Solutions, In 3,392.475 3.350
116. GP Georgia-Pacific Group 12,000.413 3.337
117. KWHIY Kawasaki Heavy Industries 3,827.993 3.192
118. AHR Anthracite Capital Inc. 1,695.660 3.116
119. DCN Dana Corporation 3,502.261 3.081
120. CSR Credit Suisse Group (ADR) 69,476.352 3.078
121. OI Owens-Illinois, Inc. 3,879.705 3.076
122. LEH Lehman Brothers Holdings 39,696.508 3.064
123. FUWAY Furukawa Electric Co. (AD 5,188.463 3.062
124. NIPNY NEC Corporation (ADR) 19,306.131 3.040
125. ABB ABB Ltd. (ADR) 7,951.252 2.952
126. NCEN New Century Financial 1,992.888 2.951
127. MCCC Mediacom Communications 2,923.765 2.949
128. SLGN Silgan Holdings Inc. 1,106.606 2.947
129. MWD Morgan Stanley 119,079.805 2.943
130. CEA China Eastern Airlines (A 1,987.948 2.928
131. VE Vivendi Environnement (AD 18,940.898 2.866
132. CFC Countrywide Financial Cor 18,920.430 2.866
133. DCX DaimlerChrysler AG (ADR) 86,648.734 2.858
134. SZE Suez SA (ADR) 36,360.387 2.853
135. TEX Terex Corporation 1,561.439 2.816
136. V Vivendi Universal (ADR) 43,715.477 2.814
137. MER Merrill Lynch & Co., Inc. 79,201.195 2.727
138. SLM SLM Corporation 43,909.297 2.657
139. TRZ Trizec Properties, Inc. 3,344.962 2.623
140. FJTSY Fujitsu Limited (ADR) 16,351.769 2.602
141. HMT Host Marriott Corporation 4,451.877 2.562
142. GS Goldman Sachs Group, The 79,192.875 2.531
143. CK Crompton Corporation 1,274.390 2.523
144. IDR Intrawest Corporation 1,269.769 2.486
145. SE 7-Eleven, Inc. 1,781.350 2.428
146. AKS AK Steel Holding Corp. 1,321.854 2.388
147. FMC FMC Corporation 1,266.304 2.384
148. NU Northeast Utilities Syste 4,297.099 2.381
149. FIF Financial Federal Corp. 1,074.797 2.372
150. HANA Hanaro Telecom, Inc. (ADR 1,258.404 2.371
151. TAR Telefonica de Argentina ( 2,193.631 2.370
152. PPE Park Place Entertainment 4,915.292 2.367
153. AMKR Amkor Technology, Inc. 1,812.312 2.340
154. MAC Macerich Company, The 3,690.807 2.329
155. DDS Dillard's Inc. 2,640.283 2.327
156. IGL IMC Global Inc. 2,276.265 2.255
157. SRV Service Corp. Int'l. 1,983.141 2.248
158. AVA Avista Corporation 1,086.480 2.232
159. SAH Sonic Automotive, Inc. 1,320.303 2.232
160. RCL Royal Caribbean Cruises L 5,477.746 2.229
161. PCG PG&E Corporation 11,763.130 2.213
162. VC Visteon Corporation 1,649.567 2.212
163. LYO Lyondell Chemical Company 3,913.356 2.196
164. HRC HEALTHSOUTH Corp. 3,219.761 2.195
165. EOC Empresa Nacional de Elect 4,351.197 2.192
166. LNT Alliant Energy Corporatio 3,155.660 2.188
167. CTX Centex Corporation 6,728.997 2.179
168. TE TECO Energy, Inc. 3,964.192 2.176
169. POM Pepco Holdings, Inc. 6,368.556 2.164
170. FCE.A Forest City Enterprises, 3,398.833 2.155
171. SBGI Sinclair Broadcast Group 1,551.920 2.143
172. CCTVY Carlton Communication PLC 1,766.247 2.120
173. GTN.A Gray Television, Inc. 1,099.858 2.115
174. AW Allied Waste Industries, 3,314.836 2.115
175. CNL Cleco Corporation 1,192.941 2.114
176. COLT COLT Telecom Group plc (A 1,910.549 2.070
177. SID Companhia Siderurgica (AD 2,451.237 2.052
178. ZNH China Southern Airlines L 1,804.961 2.026
179. KEP Korea Electric Power Corp 20,835.225 1.983
180. FRO Frontline Ltd. (ADR) 1,662.044 1.965
181. NAV Navistar International 3,058.691 1.959
182. UNEWY United Business Media plc 1,524.758 1.939
183. DUK Duke Energy Corporation 22,461.553 1.901
184. MCH Millennium Chemicals Inc. 1,216.720 1.898
185. CZN Citizens Communications 5,360.195 1.884
186. OKE ONEOK, Inc. 2,403.245 1.879
187. CBL CBL & Assoc. Properties 2,212.555 1.871
188. HIT Hitachi, Ltd. (ADR) 25,957.814 1.860
189. FLS Flowserve Corporation 1,096.569 1.856
190. SUG Southern Union Company 1,401.220 1.854
191. ELE Endesa S.A. (ADR) 23,382.461 1.839
192. SANYY Sanyo Electric Co., Ltd. 9,949.305 1.810
193. BNN Brascan Corporation 6,192.777 1.809
194. EDP EDP Electricidade de Port 8,288.924 1.806
195. NRD Noranda Inc. 3,579.039 1.780
196. AEP American Electric Power 13,150.054 1.768
197. XRX Xerox Corporation 10,957.419 1.737
198. CLP Colonial Properties Trust 1,262.230 1.734
199. CPJ Chateau Communities, Inc. 1,011.289 1.725
200. PC Perez Companc S.A. (ADR) 2,694.339 1.719
201. NI NiSource Inc. 7,163.859 1.697
202. LR Lafarge S.A. (ADR) 12,283.514 1.674
203. MBG Mandalay Resort Group 2,568.972 1.643
204. HAVS Havas (ADR) 1,186.905 1.641
205. CTTAY Continental AG (ADR) 3,062.651 1.636
206. TDS Telephone & Data Systems 3,758.507 1.636
207. SWX Southwest Gas Corporation 1,106.806 1.633
208. PPS Post Properties, Inc. 1,374.828 1.633
209. TKG Telkom SA Limited 3,207.843 1.628
210. PEG Public Service Enterprise 12,508.753 1.623
211. TU TELUS Corporation 5,642.157 1.620
212. TOSBF Toshiba Corporation (ADR) 15,499.202 1.605
213. ARM ArvinMeritor, Inc. 1,509.219 1.603
214. RSE Rouse Company, The 4,527.779 1.588
215. SSCC Smurfit-Stone Container C 5,004.762 1.577
216. T AT&T Corp. 22,570.559 1.555
217. HME Home Properties of N.Y. 1,323.735 1.547
218. FE FirstEnergy Corp. 13,728.712 1.545
219. IPR International Power PLC ( 2,513.680 1.541
220. TCO Taubman Centers, Inc. 1,370.119 1.538
221. EAS Energy East Corporation 4,100.669 1.525
222. DT Deutsche Telekom AG (ADR) 72,966.828 1.519
223. ARW Arrow Electronics, Inc. 2,094.177 1.503
224. DE Deere & Company 14,641.697 1.501
225. TOY Toys R Us, Inc. 2,515.461 1.499
226. BXP Boston Properties, Inc. 5,177.396 1.463
227. CCE Coca-Cola Enterprises 11,979.934 1.461
228. WEC Wisconsin Energy Corp. 3,971.250 1.461
229. CD Cendant Corporation 18,320.635 1.451
230. GR Goodrich Corporation 2,521.822 1.420
231. IDA IdaCorp, Inc. 1,161.832 1.419
232. EMMS Emmis Communications Corp 1,246.880 1.412
233. LNR LNR Property Corp. 1,427.987 1.383
234. PNM PNM Resources, Inc. 1,115.720 1.375
235. BDN Brandywine Realty Trust 1,000.704 1.364
236. TXT Textron Inc. 6,504.329 1.363
237. TSN Tyson Foods, Inc. 4,082.843 1.361
238. SLR Solectron Corporation 3,558.224 1.359
239. MGG MGM MIRAGE 5,220.063 1.357
240. BYD Boyd Gaming Corporation 1,101.737 1.356
241. OGE OGE Energy Corp. 1,842.777 1.345
242. DPL DPL Inc. 2,141.699 1.337
243. SKS Saks Incorporated 1,428.295 1.337
244. AHC Amerada Hess Corporation 5,038.852 1.314
245. SVU SUPERVALU, Inc. 2,296.990 1.309
246. PNW Pinnacle West Capital 3,687.086 1.299
247. RA Reckson Associates Realty 1,540.355 1.288
248. SFI iStar Financial Inc. 3,325.963 1.286
249. SPOT PanAmSat Corporation 2,551.868 1.285
250. WY Weyerhaeuser Company 13,571.960 1.280
251. VOLVY Volvo (ADR) 9,087.306 1.274
252. DTE DTE Energy Company 8,853.997 1.274
253. FR First Industrial Realty 1,381.780 1.270
254. CEI Crescent R.E. Equities Co 1,802.073 1.248
255. AIV Apartment Investment and 4,200.425 1.246
256. PSD Puget Energy, Inc. 2,350.341 1.238
257. BTY BT Group plc (ADR) 27,142.682 1.237
258. KSE KeySpan Corporation 6,206.031 1.224
259. ABY Abitibi-Consolidated 3,854.692 1.222
260. CSX CSX Corporation 7,049.816 1.222
261. DHI D.R. Horton Inc. 3,038.183 1.212
262. ESA Extended Stay America 1,166.164 1.211
263. RG Rogers Communications 2,282.292 1.209
264. LPX Louisiana-Pacific Corp. 1,105.573 1.196
265. BPO Brookfield Properties Cor 3,576.990 1.193
266. AVT Avnet, Inc. 1,390.348 1.191
267. NMR Nomura Holdings, Inc. (AD 27,016.721 1.180
268. CUM Cummins Inc. 1,133.686 1.178
269. PPL PPL Corporation 7,026.910 1.178
270. POSRY Peninsular & Oriental (AD 1,982.708 1.175
271. X United States Steel Corp. 1,407.814 1.170
272. SANM Sanmina-SCI Corporation 2,477.751 1.169
273. HOT Starwood Hotels & Resorts 5,346.011 1.165
274. CEG Constellation Energy Grp. 5,040.203 1.155
275. HLT Hilton Hotels Corporation 4,721.993 1.153
276. MLS Mills Corporation, The 1,474.352 1.153
277. NXTP Nextel Partners, Inc. 1,445.646 1.149
278. TNE Tele Norte Leste Partic. 2,922.550 1.148
279. RCN Rogers Wireless Commun. 1,605.850 1.147
280. PGN Progress Energy, Inc. 10,713.765 1.143
281. AXA AXA (ADR) 23,993.973 1.142
282. CKSNY Cookson Group PLC (ADR) 1,244.991 1.141
283. VLO Valero Energy Corp. 4,946.873 1.141
284. HAN Hanson PLC (ADR) 4,066.549 1.137
285. BOW Bowater Incorporated 2,306.979 1.136
286. SPG Simon Property Group, Inc 7,303.784 1.132
287. CAT Caterpillar Inc. 17,685.836 1.126
288. SJR Shaw Communications 2,382.538 1.126
289. ELN Elan Corporation, plc (AD 1,442.294 1.123
290. GE General Electric Company 264,829.688 1.117
291. KPN Koninklijke KPN N.V. (ADR 17,788.104 1.116
292. NST NSTAR 2,367.288 1.113
293. STN Station Casinos, Inc. 1,162.831 1.112
294. CPT Camden Property Trust 1,387.141 1.107
295. R Ryder System, Inc. 1,553.189 1.107
296. TAC TransAlta Corporation 2,037.780 1.102
297. EOP Equity Office Properties 10,839.165 1.087
298. PY Pechiney (ADR) 2,067.849 1.085
299. RYCEY Rolls-Royce PLC (ADR) 2,100.184 1.084
300. DQE DQE, Inc. 1,068.228 1.082
301. SRE Sempra Energy 4,963.295 1.070
302. NTT Nippon Telegraph & Teleph 65,171.871 1.069
303. GGP General Growth Properties 3,436.999 1.057
304. NGG National Grid Transco plc 12,033.943 1.057
305. CLI Mack-Cali Realty Corp. 1,757.242 1.054
306. UGI UGI Corporation 1,230.617 1.054
307. ATO Atmos Energy Corporation 1,031.827 1.052
308. SPI Scottish Power UK plc (AD 11,282.692 1.052
309. HIW Highwoods Properties,Inc. 1,159.218 1.050
310. AMD Advanced Micro Devices 1,948.274 1.047
311. DVA DaVita Inc. 1,323.097 1.046
312. SCG SCANA Corporation 3,487.018 1.043
313. BCC Boise Cascade Corporation 1,402.151 1.039
314. PDE Pride International, Inc. 1,925.798 1.036
315. KMG Kerr-McGee Corporation 4,267.795 1.022
316. TOL Toll Brothers, Inc. 1,313.649 1.018
317. ASN Archstone-Smith Trust 3,966.396 1.017
318. NSC Norfolk Southern Corp. 7,449.459 1.014
319. TIN Temple-Inland, Inc. 2,183.485 1.008
320. HET Harrah's Entertainment 3,566.077 1.003 |
