IFN 0.00% 93.0¢ infigen energy

Hi ezirida the debt that IFN has is no burden.... the company is...

  1. 244 Posts.
    lightbulb Created with Sketch. 27
    Hi ezirida

    the debt that IFN has is no burden.... the company is paying about 13% interest which is rediculous and as a shareholder I would ask why cost of funds is so expensive for a loan that is $650m.

    on the flip side this company has a return on capital of above 30%. The margins are so fat that interest rates of 20% still will not impact thie stock in terms of having the. Ability in paying its bills.

    I would personally like to see IFN pay down some debt and de risk the companies position further, even though the company is in great shape.
 
watchlist Created with Sketch. Add IFN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.