RE:Will hit 50 cents within the next 30 days "SPG now has a total debt of $155 000 000 and it keeps growing fast." --> Really?
SPG has Total Debt of $82.7mm excluding leases (commonly deducted from total debt in all companies but even if you add it back, total debt incl leases is $103.5mm)....not $155mm.
You are either disingenuous or never took an accounting or financial statement analysis course in your life, or both.
Of the listed $155mm in Total Liabilities (at least you knew enough to find that on the Balance Sheet), do realize that there is an offset with Current Assets that make up $114mm and another $100mm+ that make up Non-Current Assets. Debits/Credits...remember any accounting principles?
Regardless, total debt was reduced by $24mm quarter-over-quarter from $106.3mm to $82.7mm. And they have $60mm of BV Equity, up quarter-over-quarter from $23.5mm Yes, that is right, Assets = Liabilities + Equity.