GREY:WFREF - Post by User
Comment by
JohnJBondon Dec 08, 2014 2:25pm
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Post# 23207141
RE:RE:RE:RE:RE:The Absolute Lack of Fundamental Legs
RE:RE:RE:RE:RE:The Absolute Lack of Fundamental LegsThanks for sharing.
A quick read shows the credit line borrowing can not exceed 3.5X cash flow (on a trailing basis).
The most recent stress test cash flow estimate for 2015 was 1.58 per share or about 316 million.
It seems very unlikely cash flow could decline down to a 3.5X ratio.
The interest coverage seems to be of no concern.