No, contrary to what many believe, palmOne is not
dead yet! In fact, the company can show off with a relatively strong balance sheet according to its 2005 fiscal second quarter, ending Nov. 30. The Motley Fool explains
step-by-step how you would have to evaluate a company's balance sheet, and is taking palmOne as an example:
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Overall, then, palmOne has a relatively strong balance sheet. With a current ratio of 1.57, it can more than fund its current liabilities with current assets. Long-term debt has remained stable while cash is growing, and investors should take comfort in a ratio of almost nine times cash-to-debt, and a debt-to-equity ratio of 6.4% that represents an improvement since the May quarter.
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