API had about $120 million in debt on last financial report...

API had about $120 million in debt on last financial report (about $10 million less than the previous year).

For a company with a market cap of almost $1 billion and earning over $3 billion a year in revenues this doesn't seem a big problem to me especially based on recent earnings upgrades. And with Soul Pattinson as a major share holder I am not worried about their debt situation