palmOne's strong balance sheet

Colin Dunstan · 02-03-2005, 11:01 AM

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:

Quote:

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.

hacker · 02-03-2005, 11:13 AM

There is a steady misconception that because the marketing information says that PDA sales are dropping, must mean that every PDA company is losing sales, and that simply is not true.

When 3 out of the 5 top PDA companies fold or are consolidated amongst the remaining 2, there will be a drop in PDA sales, while the 2 that remain, will see a sharp increase in sales, as they pick up the customers and support from the other 3.

(I'm using 5 as a hypothetical number here, but at least 2 top PDA companies have moved onto other areas, or been consolidated into another existing PDA company).

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Burning Fictionwise balance recommendations?	Kralik	General Discussions	19	07-19-2010 06:16 PM
Classic Weight/balance of Nook and one-handed reading	flyash	Barnes & Noble NOOK	12	06-30-2010 08:06 AM
Sheet Music Now Available for Kindle	Gideon	News	19	03-29-2010 05:52 AM
Iliad for sheet music reading	Napoleon	iRex	2	04-23-2009 01:12 PM
A (Sheet) Music Reader	RWood	News	14	06-02-2008 05:24 AM

02-03-2005, 11:13 AM	#2
hacker Technology Mercenary Posts: 617 Karma: 2561 Join Date: Feb 2003 Location: East Lyme, CT Device: Direct Neural Implant	There is a steady misconception that because the marketing information says that PDA sales are dropping, must mean that every PDA company is losing sales, and that simply is not true. When 3 out of the 5 top PDA companies fold or are consolidated amongst the remaining 2, there will be a drop in PDA sales, while the 2 that remain, will see a sharp increase in sales, as they pick up the customers and support from the other 3. (I'm using 5 as a hypothetical number here, but at least 2 top PDA companies have moved onto other areas, or been consolidated into another existing PDA company).

Advert