Bombardier incIt is said that bombardier has assets worth over 70B US.
Current market cap of 3.5B witch is their current cash in Bank. Everyone is freaking out on that 9B debt! I really don't get the panic or the negative sentiment towards this company. I understand that investors want to make great returns overnight and Bay Street is short sighted. I believe anyone who has 13% debt to their asset value would be pretty happy. I personally admire the long term vision of the family and the risks they are willing to take. It shows the have great confidence and vision for the future. The c series program was a bumpy road but if anyone could do it everyone would have done it.