Post by
Oasisjunior on Apr 12, 2022 4:34pm
Net Debt
In the report i read that they repaid 38 million which was 18% of the total,,,, Quick math I put the debt at 200 million minus 38 million leaves a balance of 160 million.... easily out of debt in a few quarters... jmho...
Comment by
TheWokeLemming on Apr 12, 2022 5:04pm
Debt was reported to be $178 million in the Q4 report given a month ago. So $200 is incorrect.
Comment by
Oasisjunior on Apr 12, 2022 5:16pm
Even better at 178 million minus the 38 million balance of 140 million approx,,,totally debt free in 4 quarters??????
Comment by
Rileym7833 on Apr 12, 2022 5:50pm
As I understand it there is something like 300m/yr of free cash flow and it would be sooner if the upcoming dividend didn't draw from their future cash flow. The bottom line for me is the free cash flow yield.
Comment by
Oasisjunior on Apr 12, 2022 6:24pm
How many shares of cardinal are out there?? Have they been buying any back or do they plan a buy back program,,,, a divy of 1.5 cents won't cut it with investors,,,,,, we all want a healthy divy