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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: elann 🐝🐝 HONORARY
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Number: of 6132 
Subject: Re: Rankings for 25Aug2025
Date: 08/29/25 3:28 PM
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Hi Elan, any explanation as to why AMZN totally disappeared in the rankings?

I have no idea. I've checked the screening parameters and I'm mystified. Based on its Cash-LTD which is the final sort in ROE-Cash, AMZN should still be in 2nd position in that screen.


Mystery solved, with help from Larry Hill.

#TLDR - AMZN deserves to come off the screen.

It failed on the final sort by [Cash minus Long Term Debt Latest QTR]. I didn't see it because I thought the screen uses [Cash minus Long Term Debt] i.e. the annual figure, and that has not changed. But the quarterly figure did change. AMZN's LTD shot up from $61B to $134B. Its Cash-LTD plummeted from $40B to -$33B. So off the screen it came.

I'm concerned that the screen is using the number from the annual report for Cash, because VL doesn't provide a Cash Latest Qtr figure, while using a quarterly figure for LTD. In this case correcting it wouldn't have helped AMZN stay on the screen. Au contraire, its cash has dropped from $101B in the last annual report to $57B in the latest quarter.

For some reason the company is hemorrhaging cash through a fire hose and accumulating debt by the truckload. For their sake, I hope it's for good cause.

Elan
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