Is OPSTM a measure that can be used to monitor and diagnose bankrupt companies?
“OPS” is a good measure to use for diagnosing bankrupt companies. Recently Warren Buffet and his company Berkshire Hathaway were thwarted from purchasing the “Fruit of the Loom” company (SYMBOL: FTLA) out of bankruptcy because their offer was too low. After it entered into bankruptcy, Fruit of the Loom’s “OPS” has been positive and has grown for 3 out of the last four years even though its EPS is still negative.
