ENG
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0.00% 89.0¢ engin limited

Standup - if I could point out your incorrect reading of the...

  1. darkak
    4 Posts.
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    26/08/09
    07:22
    Post #: 5555133
    Standup - if I could point out your incorrect reading of the balance sheet - Current liabilities of $4.3M is very different to Debt. Debt incurs interest,current liabilities generally do not.

    The only debt is $440k of (current) Finance Lease liabilities. If you read the balance sheet you can see that this has reduced from last years balance of $1.6M

    ENG Price at posting: $1.10 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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