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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by dereklion Aug 15, 2016 12:31am
123 Views
Post# 25141150

RE:Stock Fundamentals for Concordia Healthcare: "Bad"

RE:Stock Fundamentals for Concordia Healthcare: "Bad"HedgeFunder you need go back to high school to learn accounting P/E: N/A (meaning: Negative)??????? Current Ratio: 0.99 (1 means it can meet short term liabilities; the higher the better).???????? LT Debt/Equity: 3.02 (the company is aggressively using debt to finance its operations)
HedgeFunder wrote: Concordia Healthcare fundamentals:

P/E: N/A (meaning: Negative)
Acid-Test Ratio (Quick Ratio): 0.78 (anything below 0 is bad)
Current Ratio: 0.99 (1 means it can meet short term liabilities; the higher the better).
LT Debt/Equity: 3.02 (the company is aggressively using debt to finance its operations)

In other words, this company is a complete garbage. I empathize with people who lost money, but before you invest, look at company's financial strength and fundamentals.


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