Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Comment by monty613on Oct 31, 2017 10:05am
76 Views
Post# 26881079

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Normalized Earnings Analysis of CRH Medical

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Normalized Earnings Analysis of CRH Medical
Register123 wrote:
if their cash is significantly lower than the balance on hand June 30, CRH's ability to both continue aquisitions and buy back stock will be restricted.....


i don't agree with this - remember they have access to a large credit line. i'd have to look up what the exact terms of their credit agreement are, but they are likely guided by a Debt Service/Cashflow driven covenant - ie. if new debt is deployed can the company adequately service it. 

since this is a high margin business and their acquisitions are accrective, the acquisitions provide the necessary coverage to pay for the associated debt on the transaction.

this is basically what underpins the CRH growth story...

<< Previous
Bullboard Posts
Next >>