All equipment hire and leasing companies have substantial debt. They match the debt from the lender with the client purchase/hire of the equipment and charge a margin.
If they didn't have debt they wouldn't have a business.
Its the same with Flexigroup.
$100 million free cashflow a year.
solid day , page-18
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Last
76.0¢ |
Change
0.010(1.33%) |
Mkt cap ! $393.9M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 76.5¢ | 75.0¢ | $161.1K | 212.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2165 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 6155 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| EHL (ASX) Chart |