Can anyone confirm these comps on yahoo finance?
(Senior Monkey, 69
Points)
on 11/22/12 at 4:15am
http://biz.yahoo.com/p/740conameu.html
How is it possible for Long Term D/E to be so high?





Why don't you just calculate
Why don't you just calculate them yourself. Don't be so lazy.
You know that those numbers
You know that those numbers for LT Debt to Equity are %, right? So Big 5 is trading at 35% LT/Debt to Equity, not 35x.
As for how companies like CAB can be trade at such high LT Debt/Equity ratios: CAB has a financing arm. You will want to exclude that from comps. It is similar to the (former) relationship between GMAC and GM. You will also see higher Debt/Equity ratios for retailers that owns their own stores.
And finally: never rely on Yahoo/CapIQ/Factset/whatever for something important. A fair portion of my day is spent copying data out of 10Q's and other filings just because they are so unreliable. Use them for current prices, market data, etc. but never financial items.