RE:RE:C $ F/X Is TRENDING TOWARDS US 70 CENTS ! dllscwbysfn - (12/13/2024 11:11:39 AM) RE:C $ F/X Is TRENDING TOWARDS US 70 CENTS !
Debt translation??? Really? The company has borrowed money in US dollars and the interest on that money will be in US dollars . Maybe I am wrong but I think when they come out with Q4 earnings it will show that debt has increased considerably. I think the loonie has dropped by about 4 cents since the last report. Is all of their debt in US$? People tell me it's just optics but it looks pretty real to me.
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- BTE has BOTH C $ & USD DEBT
- US CREDIT FACILITY OUTSTANDING BALANCE will be LOWER in Q4/2024 THAN Q3/2024 since SOME of that REVOLVING LOAN will BE REPAID {50/50 FRAMEWORK}
* US CREDIT FACILITY is #1 IN RANK to REDUCE DEBT from the DEBT REPAYMENT PRIORITY LIST
- LOWER US CREDIT FACILITY + LONG-TERM NOTES are DENOMINATED in USD currency
* WHEN TRANSLATED on the BTE BALANCE SHEET in C $, these AMOUNTS will INCREASE due to WEAKNESS in C$ versus USD
z173