PNC 0.00% 53.5¢ pioneer credit limited

Ann: 1H23 Results Presentation, page-14

  1. 34,099 Posts.
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    "The debt is still high, but it is manageable with the cash the business is tossing off at the moment"

    You are comparing a trailing indicator with a leading indicator , which is a conservative approach and some would consider a negatively biased assessment .
    Better to look at the ICR IMHO , which looks to be on the right track .
 
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