WildBrain Ltd T.WILD

Working capital ratio

[rad10]

1.76 to 1.33

54 million additional net debt.

Cash available diminished by 24 million.

I hope they know what they are doing.

No surprise the market puked on the equity.

Long debentures.

[wagyusteak]

Dude, the real debt here is your debenture and the term debt. Production financing should not be counted toward the leverage ratio. Buyers will pay for that when the projects are delivered. If you think big players like Apple, Disney, Netflix, are going to default tomorrow, then you are crazy. If they cancel the projects then I guess they have to pay for the penalties for sure. At this stage, I

[rad10]

Check out the latest investor presentation. 6th or 7th slide in the appendix. We all want this to work, but the market reaction seems appropriate.

[Alphaseeker1973]

No point in trying to convince the cult.  Eric is great...knows how to create value...has done this before...his vision is evangelical.   Total BS.  This guy is a hasbit and has never created any shareholder valu at any company he has wrked for...Marvel sacked him after 6 months because they knew he was not the guy. The reality is this management team has not dealt with the

[wagyusteak]

then I still don't understand what's your agenda here? You are not supporting the company as a long. You could have sold your shares a long time ago but you refused to do so. you must a short-seller then. Your numbers are all over places. I only see you're when the stock goes down, not when it goes up. You have no credibility here :)

[wagyusteak]

Yes. I did see it. But you are missing my points. You don't have to use cash to pay for deferred revenue (short-term liabitities). You just have to deliver the projects and it will be waived. That leaves us $220 mil from account payable, portion of long-term debt and leases. ALl of them can be paid immediately using short-term account receivable. the BS tells you all

[rad10]

Hi wagyusteak i will listen to the call and maybe have a chat with the CFO. Our interests are aligned. I was just a little shocked at the numbers on the slide deck.  I took a very cursory look.  Ideally we can let this note run to maturation, or get renegotiated with more favourable terms for the holders. I don't churn my holdings. Cheers Rad10

[wagyusteak]

Check out page 33 of the financial report. Section C, liquidity risk: "As at June 30, 2022, the Company had an unrestricted cash balance of $59,899 and current amounts receivable of $249,660. Based on the Company's cash balances and available credit facilities, expected collection of trade and other receivables and forecast operating results, management believes it will be able to fulfill