Sorry I have what may be a stupid question but any help would be appreciated.
The report today says that AZJ gearing is about 40% which I believe equates to around $3.6B if I’m not mistaken.
My question is how does AZJ service that debt is 100% of profits are always paid back to shareholders in the form of dividends, am
I missing something here?
Also to me a company with that much debt isn’t necessarily deemed as “low risk”, id be interested to hear why you think it is regardless of current gearing levels?
Thanks in advance
AZJ Price at posting:
$4.69 Sentiment: Buy Disclosure: Held
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