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scoobey-do

04/15/06 10:41 AM

#28677 RE: Stronglong #28366

Stronglong, I have been looking over the annual report that you helped me get a copy of. While everyone else is concerned regarding the "new company", I feel that the financials tell the story of Moody's management skills. The consolidated balance sheet is beautiful:

Stockholder's equity of 2,657,765 = 63.6% of total assets of 4,184,068. Most pinkies have negative equity due to years of recorded losses.

Current liability of 1,197.099 = 29.8% of total assets 4,015,504 (including cash 279,891).

Long term debt = 329,204.

How many pinkies have this kind of balance sheet and trade for $0.06.

Besides that, the total sales for the year was 3,446,921, many pinkies don't have revenue.

And net income 618,638 = 17.9% of sales.

Other posters can argue back and forth about the acquisition of the new company, but if HISC (Moody) keeps HISC's financials this clean, I plan to stay for a long time.

This is an awesome company. IMO

Happy Easter