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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Comment by PabloLafortuneon Feb 11, 2023 7:29am
186 Views
Post# 35281238

RE:what is the L. Term debt level considered to be manageable?

RE:what is the L. Term debt level considered to be manageable?IMO they should take out the 2025's as soon as feasible ($900M?) without overextending themselves obviously... This would bring the LTD down to $5.2B and give them 3 years without any debt due. Then if they can bring LTD down further to $4.6B in 2023 or early 2024, the EBIT to interest coverage ratio would be 2.0 by year end which IMO would put them in the respectable category. After that, just whittle away at it slowly but surely while of course following EM's growth plan to $8B revenue and beyond. Unlike its product, Bombardier's balance sheet is not pretty but it works which is a hell of a lot better than 5 years ago when it wansn't pretty AND it didn't work.
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