TGA
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0.00% $1.17 thorn group limited

I have just started taking a look at the company again after a...

  1. timbowls
    1,618 Posts.
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    22/09/16
    16:15
    Post #: 19353350
    I have just started taking a look at the company again after a few years. Can anyone explain to me why the debt to equity ratio seems unusually high? Looking like a very solid company on most other metrics but Bell Directs data has the gearing at 96% and the interest expense cover at just 0.6. Am sure I am probably missing something obvious. Is this related to the nature of the financial solutions business?
    TGA Price at posting: $1.50 Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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