Post by
MLEWICKIMBA on Jan 07, 2025 2:49pm
BTE Interest Expense
Given 4BLN Canadian in sales and 365 days a year and estimated interest expense of 175m cad this year.
It takes 15 to 16 days of sales to accumulate BTE interest expense.
9 more days.
In comparison ATH is 4 days.
But BTE is a different BOAT that's for sure.
Debt and interest aren't an issue despite the hype.
11.5 months is dedicated to Capex and shareholders.
Undervalued!
ML
Comment by
AvInvestor on Jan 07, 2025 3:15pm
But the principal debt still lingers, but I agree with you that the company is extremely undervalued. They need a more effective way to return capital towards shareholders to boost the stock in the 6s.