george
@beatingthetide.com
Full-time stock investor (+53% in 2024, +30% annually since 2012).
This is not legal or financial advice.
This is not legal or financial advice.
November 28, 2025 at 3:51 PM
I broke it all down in my latest piece:
www.beatingthetide.com/p/the-balance-sheet-primer-your-stocks
#Stocks #investing
www.beatingthetide.com/p/the-balance-sheet-primer-your-stocks
#Stocks #investing
The Balance Sheet Primer: Your Stock’s Financial X-Ray and Hidden Safety Net
Why the balance sheet, not the income or cash flow statement, reveals the truth about a company’s financial health and its ability to survive the next storm.
www.beatingthetide.com
November 6, 2025 at 1:35 PM
I broke it all down in my latest piece:
www.beatingthetide.com/p/the-balance-sheet-primer-your-stocks
#Stocks #investing
www.beatingthetide.com/p/the-balance-sheet-primer-your-stocks
#Stocks #investing
The takeaway:
Earnings are the highlight reel.
The balance sheet is the medical report.
If you only look at one financial statement make it this one.
#Stocks #investing
Earnings are the highlight reel.
The balance sheet is the medical report.
If you only look at one financial statement make it this one.
#Stocks #investing
November 6, 2025 at 1:35 PM
The takeaway:
Earnings are the highlight reel.
The balance sheet is the medical report.
If you only look at one financial statement make it this one.
#Stocks #investing
Earnings are the highlight reel.
The balance sheet is the medical report.
If you only look at one financial statement make it this one.
#Stocks #investing
And then there’s $PTON.
Inventory up, cash down, and debt steady at $1.5B.
That’s how balance sheet strain looks before a business model collapses.
#Stocks #investing
Inventory up, cash down, and debt steady at $1.5B.
That’s how balance sheet strain looks before a business model collapses.
#Stocks #investing
November 6, 2025 at 1:35 PM
And then there’s $PTON.
Inventory up, cash down, and debt steady at $1.5B.
That’s how balance sheet strain looks before a business model collapses.
#Stocks #investing
Inventory up, cash down, and debt steady at $1.5B.
That’s how balance sheet strain looks before a business model collapses.
#Stocks #investing
$JNJ ?
Debt-to-equity around 0.58: a model of conservative leverage and financial safety.
The kind of company that can survive a crisis without raising capital.
#Stocks #investing
Debt-to-equity around 0.58: a model of conservative leverage and financial safety.
The kind of company that can survive a crisis without raising capital.
#Stocks #investing
November 6, 2025 at 1:35 PM
$JNJ ?
Debt-to-equity around 0.58: a model of conservative leverage and financial safety.
The kind of company that can survive a crisis without raising capital.
#Stocks #investing
Debt-to-equity around 0.58: a model of conservative leverage and financial safety.
The kind of company that can survive a crisis without raising capital.
#Stocks #investing
Contrast that with $META and $T :
$META ’s long-term debt ballooned to $28.8B.
$T still carries $63B in goodwill, a relic of overpriced acquisitions.
The balance sheet remembers mistakes earnings try to hide.
#Stocks #investing
$META ’s long-term debt ballooned to $28.8B.
$T still carries $63B in goodwill, a relic of overpriced acquisitions.
The balance sheet remembers mistakes earnings try to hide.
#Stocks #investing
November 6, 2025 at 1:35 PM
Contrast that with $META and $T :
$META ’s long-term debt ballooned to $28.8B.
$T still carries $63B in goodwill, a relic of overpriced acquisitions.
The balance sheet remembers mistakes earnings try to hide.
#Stocks #investing
$META ’s long-term debt ballooned to $28.8B.
$T still carries $63B in goodwill, a relic of overpriced acquisitions.
The balance sheet remembers mistakes earnings try to hide.
#Stocks #investing
$GOOG and $AAPL show the opposite story.
$GOOG: fortress balance sheet, $95B+ in cash, debt-to-equity near zero.
$AAPL: shrinking share count, low leverage, tons of liquidity.
Balance sheet discipline = long-term resilience.
#Stocks #investing
$GOOG: fortress balance sheet, $95B+ in cash, debt-to-equity near zero.
$AAPL: shrinking share count, low leverage, tons of liquidity.
Balance sheet discipline = long-term resilience.
#Stocks #investing
November 6, 2025 at 1:35 PM
$GOOG and $AAPL show the opposite story.
$GOOG: fortress balance sheet, $95B+ in cash, debt-to-equity near zero.
$AAPL: shrinking share count, low leverage, tons of liquidity.
Balance sheet discipline = long-term resilience.
#Stocks #investing
$GOOG: fortress balance sheet, $95B+ in cash, debt-to-equity near zero.
$AAPL: shrinking share count, low leverage, tons of liquidity.
Balance sheet discipline = long-term resilience.
#Stocks #investing