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Thu 2 Jul, 2020 03:19 pm
I'm looking for a stock to buy and trying to look at the debt-to-equity ratio for some candidates I have, but I find a different value for the same stock on different Web sites.
For example, and it is only one example, there is a stock called Cullen/Frost Bankers. On CNBC's Web site, the value given is 36.76%, which I take to mean .3675. On The Wall Street Journal site, the value is given as 62.22, which I take to mean .6222. On GuruFocus, it is .06. On Macrotrends it is .06, and on Stockrow it is .06.
Does anyone know why I can't get reliable numbers for debt to equity anywhere?
@Brandon9000,
I don't suppose looking at their portfolio is what you're after then. Debt to equity just means how much they finance growth, not the health of the company.
I'm wondering why the sites seem to disagree with each other about the debt-to-equity ratio for any one company.
@Brandon9000,
Quote:Does anyone know why I can't get reliable numbers for debt to equity anywhere?
Yes, they appear on page 1 of the annual report on the last two lines of financial highlights.
https://www.frostbank.com/investor-relations/annual-reports
@ekename,
Thanks. Why do the debt-to-equity values for a company that I see online vary so much from Web site to Web site?
@Brandon9000,
It depends on the way they calculate it.
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