GREY:CHALF - Post by User
Comment by
darkvvingon Jan 24, 2022 5:21pm
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Post# 34355465
RE:RE:RE:Chalice is drowning in DEBT, Cash Strapped & $$ life support
RE:RE:RE:Chalice is drowning in DEBT, Cash Strapped & $$ life supportThis deficit is considerable relative to its market capitalization of US$21m, so it does suggest shareholders should keep an eye on Chalice Brands' use of debt. Should its lenders demand that it shore up the balance sheet, shareholders would likely face severe dilution. When analyzing debt levels, the balance sheet is the obvious place to start. But ultimately the future profitability of the business that is currently running at – 23% will decide if Chalice Brands can survive in 2022