FMG 1.26% $18.75 fortescue ltd

I am talking total debt. Mmarket cap is 9.5b. Total debt is...

  1. 2,304 Posts.
    I am talking total debt. Mmarket cap is 9.5b. Total debt is 9.56b. Total debt greater than their market cap. If you take of the cash they have, which is 2.4b. You are left with a Debt left is 7.16b. Regardless a bill here or there. They have a lot of debt. And if the IO price keeps dropping, at some point debt will be greater than revenues. Either way they are no in good shape IMO. There are better plays. Like MGX, BCI. Cheers.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$18.75
Change
-0.240(1.26%)
Mkt cap ! $57.73B
Open High Low Value Volume
$18.53 $18.75 $18.44 $216.3M 11.60M

Buyers (Bids)

No. Vol. Price($)
1 1990 $18.75
 

Sellers (Offers)

Price($) Vol. No.
$18.76 47022 3
View Market Depth
Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.