agree, this is a very one dimensional look at these co's - of little value.
For example: COP - LT debt=27 bil, Sh equity=55 bil - doesn't look highly leveraged to me. Apart from 4 bil in retirement obligations, all other non-current liabilities are tied to LT assets.
blind screening is just a scratch of the surface and not only useless but it can be very misleading.
10 Dangerous Stocks to Avoid [View article]
For example: COP - LT debt=27 bil, Sh equity=55 bil - doesn't look highly leveraged to me. Apart from 4 bil in retirement obligations, all other non-current liabilities are tied to LT assets.
blind screening is just a scratch of the surface and not only useless but it can be very misleading.