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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (38636)	2/22/2002 12:54:15 PM
From: BWAC	Respond to of 53068

Better yet? Whats up with VZ and its debt/equity ratio of 1.98? Isn't that a danger area number? Knock off the $44 Billion Goodwill and Intangibles and you can't even calculate debt/equity cause there would be no equity left? And VZ has more debt than WCOM and BLS combined? With $18.6 Billion due within one year? And WCOM has a liquidity problem? Ah the wonders of media induced impressions. VZ = $120 Billion. Assets Current assets Cash and cash equivalents $ 979 Short-term investments 1,991 Accounts receivable, net 14,254 Inventories 1,968 Net assets held for sale 1,199 Prepaid expenses and other 2,796 Total current assets 23,187 Plant, property and equipment 169,586 Less accumulated depreciation 95,167 74,419 Investments in unconsolidated businesses 10,202 Intangible assets 44,262 Other assets 18,725 Total Assets $ 170,795 Liabilities and Shareowners' Investment Current liabilities Debt maturing within one year $ 18,669 Accounts payable and accrued liabilities 13,947 Other 5,404 Total current liabilities 38,020 Long-term debt 45,657 Employee benefit obligations 11,898 Deferred income taxes 16,543 Other liabilities 3,989 Minority interest 22,149 Shareowners' investment Common stock 275 Contributed capital 24,676 Reinvested earnings 10,704 Accumulated other comprehensive loss (1,187) 34,468 Less common stock in treasury, at cost 1,182 Less deferred compensation - employee stock ownership plans and other 747 Total shareowners' investment 32,539 Total Liabilities and Shareowners' Investment $ 170,795