CSL 0.05% $288.79 csl limited

Buying??, page-17

  1. gjh
    398 Posts.
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    Debt is generally cheaper than equity so it makes sense to boost the gearing level as long as you are sure you will have the cash flow to cover the interest payments. With debt currently covered more than twenty times by net free cash flow I can't see a problem even if interest rates do rise a bit. If interest rates really get out of hand, they could pay off the current borrowings in just a few years.
 
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