RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Just another down day for WildLong-term debt + long-term lease+ derivatives liabilities
June 30, 2018: $746mil
June 30, 2019: $523mil
June 30, 2020: $550mil
June 30, 2021: $547mil
June 30,2022: $506.16mil
Q2 2023: $526mil
Debt has gone down since 2018 and remain stable. However, our cash flow is improving so the leverage ration has gone down to 4.20. Management has talked about it in previous quarters They are reducing SG&A in the second half of this year so things are getting better.
So if Alphaseeker thinks debt has gone up, that's really stupid. In what world that $526mil > $746mil?
Regarding Degrassi, first of all, you don't see the contract or know the lawyers who drafted the contract so please stop making stupid assumptions. Secondly, do you really think that in that contract there is no "cancelation clause"??? And in that clause, don't you think that the party which teminates the deal will get punished? You are really naive, ain't you?