BBG billabong international limited

fin review, page-40

  1. 634 Posts.
    I thought I remember seeing debt levls last year at 500m +

    The quoted reduction is 65% so that would suggest a figure of 463m roughyl of debt last year. So the money they have pulled in from sales and capital raising is being put in the right area 161m debt this year is managable. I would hope they wait a long time before they start racking up anymore debt. Maybe even pay down this ammount in total and use their own profit before any more expansion.
 
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