James said to look at three things: income statement, balance sheet and cash flow statement. You looked at only one of them. :-)))
Just to make sure we are all talking about the same thing, here is the link:
sec.gov
However, I agree with Jack. I don't see any RED flags. Yes, ROE is only 5%, yes, D/E is ~1, yes, the earnings cover interest payments only 2:1. I would not buy a company with these ratios, but are these big red flags? Not for me. So I must be missing something. :-( I have some wild guesses, but I don't think I would have acted on them, so I won't post them. ;-)
James, could you comment?
Jurgis |
