Stocks Will Continue to Erode In This Busted Economy [View article]
RE: "I included a column called "leverage", which is Assets divided by Equity. The higher that ratio, the more obligations or liabilities the company has."
===================== Your concept of "leverage" is distorted. Apple has $25 BILLION in cash and $ZERO debt. How can it, in fact, be "leveraged"?
Stocks Will Continue to Erode In This Busted Economy [View article]
=====================
Your concept of "leverage" is distorted. Apple has $25 BILLION in cash and $ZERO debt. How can it, in fact, be "leveraged"?