BBI
Click for more information
0.00% $3.98 babcock & brown infrastructure group

accounting lesson for beginners

  1. melua
    14,880 Posts.
    lightbulb Created with Sketch. 479
    clock Created with Sketch.
    28/11/08
    22:40
    Post #: 4554886
    Company A has the following:

    Assets: 13 billion
    Liabilities: 10 billion (including recourse debt of 1 billion).


    Company B has the following:

    Assets: 10 billion
    Liabilities: 7 billion
    Recourse debt: ZERO

    Which company would you rather own? A or B?

    It really is quite disturbing that some people who appear to have almost zero knowledge of even the basics are investing in the market.
    BBI Price at posting: 7.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

FWD Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
right-arrow Created with Sketch.
TX3 Canadian fieldwork yields multiple pegmatites for Trinex
right-arrow Created with Sketch.
ENR Encounter Resources flags latest niobium hits in fresh assay data
right-arrow Created with Sketch.
CXO Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
right-arrow Created with Sketch.
RNU Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
right-arrow Created with Sketch.
TX3 Canadian fieldwork yields multiple pegmatites for Trinex
right-arrow Created with Sketch.
watchlist Created with Sketch. Add BBI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.