Yes any company can fail. And a lot of folks like you come out and proclaim this when a stock like NCM falls sharply. But u were in at 30. Did u make a nice loss. Also where were u a month or even 2 weeks ago when the sp was 12 or even 11.
You warn about the debt which is 30%. It is not hugh by any standards. It could be a problem in the future if they do not lower Costs.