Hands Off

Fly Charts: Dollar Meddling and Dell's Debt

From luxury success to corporate conversion, here are four charts that tell you what you need to know in business today.
Photographer: Andrew Harrer/Bloomberg

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From luxury success to corporate conversion, here are four charts that tell you what you need to know in business today.

Trump Dollar Slump

Investors need Donald Trump and Steven Mnuchin to stop messing with the dollar.

Source: Bloomberg

Index measures price of dollar versus a number of other major currencies.

Loaded Up

Dell is reportedly mulling an IPO, but its eye-watering mountain of debt should have its owners thinking twice.

Sources: Bloomberg data and Dell financial disclosures

Note: Ebitda figures are for the 12 months ended Nov. 3. Dell's adjusted Ebitda excludes items such as stock compensation, purchase accounting adjustments from the EMC acquisition and severance costs. Net debt is short and long term debt excluding cash, cash equivalents and short-term investments.

In the Bag

LVMH is already crushing it, but could still stand to get even bigger.

Source: Company reports, Bloomberg

A World Apart

Alternative asset managers structured as partnerships should resist the urge to convert.

Source: Bloomberg, Credit Suisse

*Brookfield Asset Management multiple based on last available full-year figures because forward estimates are not available (Dec. 2016) *Ares, KKR, Blackstone, Oaktree, Apollo and Carlyle figures based on projected forward cash earnings

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This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

    To contact the author of this story:
    Max Nisen in New York at mnisen@bloomberg.net

    To contact the editor responsible for this story:
    Daniel Niemi at dniemi1@bloomberg.net

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