Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

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Crane Co > Just for fun

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Post by gonatgasgoon Aug 23, 2022 8:40pm

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Post# 34915843

Just for fun

Crew has about $150M in long term debt. Analysts expect them to be debt free in a year from now. Dale is planning to refinance the long term debt sometimes next year.

How much debt would you like Crew to carry in the future

a) $150M
b) $125M
c) $100M
d) $50M
e) $0
f) other: __________

My answer is $0, especially if any new debt would carry a double digit interest rate