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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (15770)11/11/2002 12:33:05 AM
From: Mark Marcellus  Read Replies (1) | Respond to of 78666
 
Re ROE & d/e you also have to watch for the off balance sheet stuff, most notably operating leases. ROIC is a better measure, IMO, but can be a pain to calculate in complicated debt structures. Of course if it's too hard to calculate, that in itself can be a warning flag.