AHG automotive holdings group limited.
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I'm looking at buying into this stock. The debt level seems very...

  1. Mongrel
    2,000 Posts.
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    07/12/15
    12:53
    Post #: 16560464
    I'm looking at buying into this stock. The debt level seems very high, though (net debt $813M). In their latest preso, they strip out "floorplan finance" to give a much more respectable Net debt ratio of 25%. What is "floorplan finance"? Is it the debt AHG carry by offering customers car finance?

    Appreciate any advice.
    AHG Price at posting: $4.32 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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