Cameo Industries Corp - Ordinary Shares CRUUF

RE:RE:LOW TO NO DEBT CRU ARTICLE!!!!

[benzo40]

Companies invest substantially in acquiring assets. Non-cash expenses such as depreciation and amortization represent ongoing expenses and losses on that front. Thus, it makes the companys net income an important metric to decide whether the firm is generating economic profits. If earnings measure up strongly against the debt, its a sign of financial strength. A ratio of earnings versus interest payments above 5x is an indication of strong financial position. In CRUs case the company has no debt.