Bullboard - Stock Discussion Forum Parkland Corp T.PKI

Alternate Symbol(s): PKIUF

Parkland Corporation is an international fuel distributor, marketer and convenience retailer with operations in 26 countries across the Americas. The Company’s segments include Canada, International, USA and Refining. Its retail network meets the fuel and convenience needs of everyday consumers. It also provides a range of choices to help them lower their environmental impact. These include... see more

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TSX:PKI - Post Discussion

Parkland Corp > Still Packing over 10 BILLION in Debt

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Post by DeanEdmonton on Oct 23, 2023 1:42pm

Still Packing over 10 BILLION in Debt

That is MORE than $1 of debt for every $1 of hard assets. Cash flow projections are "Adjusted Cashflow" which has no definition in GAAP. Does it not occur to folks that with current interest rates, a 100% debt ratio is more than excessive. There is no "New Paradigm". Excessive debt adds material risk. I wish the longs good luck.

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