Its been said again and again that the success of APT lies in its low debt/Equity ratio of $49% , using only $50m debt so far Q1 2020. Q4-2020 expansion as per the brochures. I am running some numbers to validate this
I feel it is impossible to run this business with that low debt, assuming that there are 10m customers, each spending around $133/ mth and has turnaround round of 4 weeks/ 1 month (if that what one takes to pay off 4 instalments), requires more cash flow .
One would need more cash balance even if APT has 90days to settle with the merchant...........what would u say.
APT Price at posting:
$67.44 Sentiment: None Disclosure: Not Held
