SGH 0.00% 54.5¢ slater & gordon limited

Debt is 3 times larger than market cap, page-5

  1. 17,595 Posts.
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    Not relevant at all... No covenants linked to Mkt Cap

    As a former investment banker, the most critical covenants for a professional services firm are:
    - interest coverage (to protect the health of the P&L)
    - debtors + wip (against net debt) - (to protect the health of the BS)

    A lot of scaremongering going on right now... I feel this is the opportunity of a lifetime
 
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Currently unlisted public company.

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