RE:RE:Canopy has $753 Million in CashIn terms of their debt I look at it like this.... "Can they manage the payments?"
As long as a business can manage payments on debt then it can carry on to operate. This is no different than an individual looking at what they owe on a house / car / credit card etc and not being able to pay it all off in one fell-swoop. If the payments can be made then that's fine until such time that larger payments (or full payments) can be accomplished.
When looking at Canopy like that they one can say that they do indeed have a good amount of time remaining in order to turn the corner of profitability and then focus more on paying down the debt.
dyodd