SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (50077)11/16/2012 2:04:02 AM
From: Spekulatius  Read Replies (1) | Respond to of 78748
 
Retailers are more leveraged than it seems due to lease obligations. To compare a retailer to an industrial, you would have to add the lease obligations to the debt, imo.

Industrials typically have fairly small lease obligations, so that adjustment would make the Z-score for a retailer more unfavorable, comparatively speaking.