http://www.debtfreeme.net/debt-ratio-industry-average/
No longer a Best Buy? (Metafilter)
Why Best Buy is Going out of Business…Gradually. Or not – opposing view.
‘Consider a few key metrics. Despite the disappearance of competitors
including Circuit City, the company is losing market share. Its last earnings
announcement disappointed investors. In 2011, the company’s stock has lost 40%
of its value. Forward P/E is a mere 6.23 (industry average is 10.20). Its
market cap down to less than $9 billion. Its average analyst rating, according
to The Street.com, is a B-.’
‘But the numbers only scratch the surface. To discover the real reasons behind
the company’s decline, just take this simple test. Walk into one of the
company’s retail locations or shop online. And try, really try, not to lose
your temper.’
Opposing view:
“Here is the real story and all Mr. Downes had to do was take two minutes to
look at the numbers. Examining the balance sheet of BBY as of November 26,
2011, it is clear that BBY is not in any danger of bankruptcy any time soon.
Personally, in analyzing retailers like BBY, I like to see inventories and
receivables greater than accounts payable. When this is the case, as it is
with BBY, I …
Fox Business- Looming Bankruptcies June 2009