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David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. Importantly, Champion Iron Limited (ASX:CIA) does carry debt. But the more important question is: how much risk is that debt creating?
When Is Debt Dangerous?
Debt is a tool to help businesses grow, ...
>>> Read more: Is Champion Iron (ASX:CIA) A Risky Investment?
When Is Debt Dangerous?
Debt is a tool to help businesses grow, ...
>>> Read more: Is Champion Iron (ASX:CIA) A Risky Investment?
