Using FY17 information if FCF was 1,220M, interest paid is 652M and dividend 801M, TOTAL -228m.
When you talk about rolling the debt can you please clarify what you mean when you say, "to pay for borrowings (interest expense)". I take this to mean that interest expense is being paid with new debt. If this is the case then I must go back to my initial point of being unsustainable.
I agree with your assessment of the growth component.
Transurban self-cannibalizing with unsustainable dividends?, page-6
Add TCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.32 |
Change
-0.050(0.37%) |
Mkt cap ! $41.51B | |||
| Open | High | Low | Value | Volume |
| $13.34 | $13.40 | $13.25 | $41.21M | 3.097M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 6506 | $13.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.33 | 6605 | 42 |
View Market Depth
| Last trade - 15.22pm 29/08/2024 (20 minute delay) ? |
| TCL (ASX) Chart |