Stock Market Browser V 1.18 Available Now

We are pleased to announce that the Stock Market Browser (SMB) version 1.18 is released! ! If you have purchased this software before, you can upgrade to the latest version with no charge at all
 

What’s New in Version 1.23

“Zoom in” option in Popup Menu

The Zoom in option in Popup Menu allows you to access all industries available from the sector you choose or allows you to access all companies available from the industry you choose. One of the wildly used situations would be to access all companies available from the industry you are interested in from “All Industries”. Suppose you are interested in getting a list of companies in “Business Equipment” that matches your screening criteria, you can simply highlight “Business Equipment”, right click mouse button, and then choose option “Zoom in”, just like sample screenshot below.



Following is the sample screenshot after choosing “Zoom in” Option:



The table will show the list of companies in “Business Equipment” industries. Also the Browser Window will highlight the industry you choose to give you an idea which sector this industry belong to (see red box above)

Add Online Resources Tab in Information Window

The Online Resources tab in information window allows you to access popular website to get more information about a particular company that you are interested in. Following is a sample screenshot



If you are interested in Xerox Corp. (XRX) in Business Equipment industry, you can double click XRX, Stock Market Brower will provide you basic company information such as its profile, news, and chart. If you want to get to know more about Xerox, simply choose Online Resources table and choose the website you prefer to have access. Currently you can choose the website among Yahoo Finance, Google Finance, MSN Money, and Stock Market Watch.
If you haven’t purchased the Stock Market Browser yet, you can download the lite version here with absolutely no cost

Debt to Equity Ratio in Stock Market Browser

Stock Market Browser is a tool that can give you a quick snapshot of the total stock market from sector down to individual stock. One of the financial ratios it provides to you is Debt to Equity ratio. However, the meaning of Debt to Equity ratio in Stock Market Browser is different from the traditional meaning of Debt to Equity ratio. In this article, we are going to use Caterpillar’s most recent balance sheet provided by Yahoo Finance to show the calculation of Debt to Equity ratio in Stock Market Browser and compare the number from traditional Debt to Equity ratio. Following is Caterpillar’s quarterly balance sheet from Yahoo Finance:

Traditional Meaning of Debt to Equity Ratio

Normally, Debt to Equity Ratio is defined a company’s total liabilities divided by a company’s averaged shareholders’ equity

From Caterpillar’s balance sheet of most recent quarter, it has total liabilities 68.09B and averaged total shareholders’ equity (12.883B + 14.162B)/2 = 13.52B. Based on the formula above, its debt to equity ratio would be 68.09 / 13.52 = 5.04
However, this number is different from the number provided by Stock Market Browser:



You can find out Caterpillar (CAT) under sector Conglomerate and industry Conglomerate.
As of 04/02/2012, Debt to Equity ratio provided by Stock Market Browser is 258

Derive Debt to Equity Ratio in Stock Market Browser

First of all, the unit of this ratio is 100%. That means 258 is actually 258%. So how Stock Market Browser derives 2.58?
Instead of using total liability to represent total debt, Stock Market Browser only use item “Long Term Debt” and “Short/Current Long Term Debt” to represent total debt. In other words, it only considers total long term debt as real debt.
Based on Caterpillar’s balance sheet of most recent quarter, it has short/current long term debt 9.648B and long term debt 24.944B. The Debt to Equity Ratio would be (9.648+24.944)/13.52 = 2.58, which is 258%
 

Conclusion

In the traditional definition, the company’s total liabilities is used to represent the total debt, but Stock Market Browser only uses total long term debt, which is the portion of liabilities that accrues the most of interest. Because it only uses the portion of liabilities that accrues the most of interest, the ratio can give investors a better measurement in terms of financial leverage and risk.

Stock Market Browser Available Now

 
Stock Market Browser (SMB) version 1.00 is released! ! This tool provides you a unique way to find investment opportunity. We believe that the sector and industry the company you are interested in investing is important as well. That’s the reason why Stock Market Browser is useful. Based on your investment goal, you might be interested in owning companies in a particular sector and industry. With Stock Market Browser, you can not only browse the list of companies that are within a particular sector and industry, but also you can setup the screen criteria based on P/E, ROE %, market cap, dividend yield, debt to equity ratio, P/B, Net profit margin, and price to free cash flow to get the specific company within that industry.  The screened result can be exported to .csv format for further post processing you like.  If you want to know more about the particular company, simply double clicking the symbol to bring out detailed information to make your investment decision easier.
 

Main Features

· Only one time purchase fee, no further subscription fee

· Free upgrade for future release

· provide the price up number and the percentage to measure the overall market, sector, and industry performance

· Instantly monitor 9 sectors, 215 industries, more than 6000 publicly traded stock

· Screen the companies based on P/E, ROE %, dividend yield, debt to equity ratio, P/B, Net profit margin, and price to free cash flow within an industry

· In-software edit capability allows you to rearrange the data before exporting it .csv format

· In-software symbol query capability

· Detailed information such as profile, news, and chart is provided for selected symbol


You can access the complete documentation here. Also we provide the trial version with absolutely no cost to you. Try it now and tell us what you think. We would be more than happy to get any feedback or suggestion from you!