RE:RE:RE:I should have listened to myself instead of Peter75 & othersJohnnyUtah16 wrote: Companies can have high FCF yet massive debt. They also may have high FCF because they are no longer investing in R&D or growth because the company is struggling.
i know you're using this as an example only, but let's be clear that CRH doesn't have massive debt - Net Debt is ~1X EBITDA which is extremely low leverage. they have major running room to draw on their credit line and roll-up incremental EBITDA.
if they stopped acquiring they could repay all of their debt in relatively short order.
food for though...