1. Outdated Financials:

Data from nine months ago doesn’t reflect today’s risk. Businesses change fast.

2. Oversimplified Ratios:

Working capital is great—until it’s inflated by a big AR that won’t ever collect.

3. Ignoring Structure:

Parent companies and subsidiaries don’t always share risk—or support.

4. Blind to Context:

$2M in cash might be solid for one Sub and scary low for another.

Don’t take financial “strength” at face value. Get the story behind the numbers.

Completely Unrelated Trivia Treasure: The average human body contains about 37 trillion human cells, however, also contains 40 trillion bacterial cells. So, the average body is about 52% bacteria.