FMG 1.91% $21.62 fortescue ltd

Debt to equity

  1. 3,353 Posts.
    lightbulb Created with Sketch. 117
    Before I'm given the firing squad treatment.

    $2.5 billion of debt on top-of a debt to equity ratio of well over 100% has got to be a bit concerning

    If iron ore price moves into the 50's it won't look like a very attractive proposition with the interest costs now even higher
 
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