I already posted this on the Quotes 'n' Dat Feedback board, but then I think that that's for feedback, not so much for questions. So....I'm confused about Long-Term Debt to Equity.I'm looking at IBM's snapshot at <http://quote.fool.com/snapshot/snapshot.asp?symbols=IBM&currticker=IBM>. It lists the LT D/E as 0.80.Now, from IBM's annual report, Long-term debt is 15.508 billion (page 73, item K). Market cap (again from <http://quote.fool.com/snapshot/snapshot.asp?symbols=IBM&currticker=IBM>) is 171.529 billion (subject to fluctuations of share price, of course).15.508 / 171.529 = 0.090, or about an order of magnitude off of the 0.80 (actually, a calculation as of today's cap was almost exactly 0.080). What am I missing here?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar