Post by
HopefulJuan on Nov 20, 2024 9:04am
LTD
Looks like $US 5.5 B outstanding as of the last quarterly report and more than a year since they plunked down an extra $400 M towards reduction. Curious what an acceptable level of debt is considered to be?
Comment by
BBDB859 on Nov 20, 2024 9:49am
I would say between $3.5B to $4B for now. That would cost around $250M to $300M to service a year. Which is doable.
Comment by
Letsmakemoredol on Nov 20, 2024 10:41am
I'll 2nd those numbers from 859 and those should be reality by the end of 2025 FY, probably on the higher end of that range True numbers investors are looking for is net debt/EBITDA ratio of <2.0x