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Bullboard - Stock Discussion Forum Parkland Corp T.PKI

Alternate Symbol(s):  PKIUF

Energy Oil & Gas Refining & Marketing
Parkland Corporation is an international fuel distributor and retailer. The Company’s segments include Canada, International, USA, and Refining. Canada segment owns, supplies, and supports a network of retail gas stations, frozen food retail locations, convenience stores, card lock sites, bulk fuel, propane, heating oil, lubricants, and other related services. International segment includes... see more

TSX:PKI - Post Discussion

Parkland Corp > Still Packing over 10 BILLION in Debt
View:
Post by DeanEdmonton on Oct 23, 2023 1:42pm

Still Packing over 10 BILLION in Debt

That is MORE than $1 of debt for every $1 of hard assets. Cash flow projections are "Adjusted Cashflow" which has no definition in GAAP. Does it not occur to folks that with current interest rates, a 100% debt ratio is more than excessive. There is no "New Paradigm". Excessive debt adds material risk. I wish the longs good luck.

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Parkland Corp