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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Interest expense is well over 200 mill a year which knocks
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Post by drunk@noon on Oct 20, 2015 2:16pm

Interest expense is well over 200 mill a year which knocks

500-500 mill ebitda down to 300-350 cashflow before tax. That means debt to cashflow is up to 8 times, and that's not fee cashflow. That's a lot of debt which is shown by the worrisome %9.5 interest rate in the press release today.
Comment by borrowedlife on Oct 20, 2015 2:17pm
Looks like Hawks circling around here- buyout would be nice.
Comment by smcapinvestor on Oct 20, 2015 2:18pm
The total blended interest rate of all debt is about 7.25%.
Comment by Craigbad on Oct 20, 2015 2:26pm
As posted earlier, the technical target low was $33. Could see a huge bounce off the bottom here if all goes well and they come out with good guidance. Selling could be exhausted now. Congratulations to those who were patient, i have a feeling this could really bounce tomorrow.
Comment by healthstock1234 on Oct 20, 2015 2:31pm
It was a surprise for me to see he this stock at $33 today! I hope also it will bounce tomorrow, to recuperate all till 50 minimum
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