Subject: Re: Rankings for 25Aug2025
Depends on what is included in LTD. Some data vendors include leases in Long-term debt. For AMZN, M* lists:
Long Term Debt $50.718 B
Capital Lease Obligations, Non-Current $83.221B
Cash $57.741 B

https://www.morningstar.com/st...
https://www.barchart.com/stock...

{ROE_Cash} is defined in this post: https://www.shrewdm.com/MB?pid...

AMZN LTD reporting is discussed in this post: https://www.shrewdm.com/MB?pid...

Adding [SI Other Long-Term Liabilities Q1] to {ROE_Cash_v1} lowers CAGR slightly. Results from 19970902 to 20250827:

Screen                           CAGR  GSD
ROE_Cash_v1_20200524_mungofitch  12.4  21
ROE_Cash_LTLiab                  10.9  22
SP500MktCapWeight                9.3   18

https://gtr1.net/2013/?~ROE_Ca...
https://gtr1.net/2013/?~ROE_Ca...

Any screen using Long Term Debt may be affected if the data vendor changes how it handles leases. The screen backtest may no longer apply to the current picks.