Post by
TheGrapeOne on Jul 08, 2021 9:52am
Over $6,000,000,000 in Net Debt
That means they have $6,000,000,000 more debt than assets......
and loosing $14 million a day
https://www.aircanada.com/content/dam/aircanada/portal/documents/PDF/en/quarterly-result/2021/2021_MDA_q1.pdf
Comment by
Tommy123 on Jul 08, 2021 10:00am
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Comment by
Fishermen on Jul 08, 2021 12:15pm
Endemic is coming. UK already decided no more lockdown. They are ready for whatever variants are coming.
Comment by
biggerr on Jul 08, 2021 12:47pm
The variants will be there forever but you can't go back to the Stone Age because of them, heh
Comment by
lb1temporary on Jul 08, 2021 10:32am
''That means they have $6,000,000,000 more debt than assets..'' NO, that means that they have 6B$ more debt than cash in hand. Assets were at 27 B$ at march 31, 2021. Less the cash in hand of 6/6,5B$, that left more than 20B$ of assets in front of your 6B$ net debt. Finance 101 free
Comment by
OnTheBalance on Jul 08, 2021 12:56pm
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Comment by
WestCoast78 on Jul 08, 2021 8:04pm
$1.12B intangible assets. $3.27B goodwill 12.1B property and equipment (those sound depreciating) my question is, if 20.5B in assests is correct. Why is the market giving 40 cents on the dollar for them? M cap and all.....Im curious
Comment by
WestCoast78 on Jul 08, 2021 8:21pm
Air Canada financial statements here: https://www.aircanada.com/content/dam/aircanada/portal/documents/PDF/en/quarterly-result/2021/2021_FSN_q1.pdf
Comment by
Invinceableone on Jul 08, 2021 8:59pm
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Comment by
Invinceableone on Jul 08, 2021 9:02pm
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