Having no debt isn't a good thing. It depends on how the dept is put to use. Every company has an optimal capital structure and no company's optimal capital structure costs of no debt (debt is cheaper than equity and the company can make use of the tax shield).
Ann: Appen 2018 Full Year Results, page-87
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Last
$1.61 |
Change
0.105(6.98%) |
Mkt cap ! $359.1M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.64 | $1.45 | $20.93M | 13.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2315 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 72413 | 4 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| APX (ASX) Chart |