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Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. We can see that Cochlear Limited (ASX:COH) does use debt in its business. But is this debt a concern to shareholders?
When Is Debt Dangerous?
Debt and other liabilities become risky for...
>>> Read more: Cochlear (ASX:COH) Has A Pretty Healthy Balance Sheet
When Is Debt Dangerous?
Debt and other liabilities become risky for...
>>> Read more: Cochlear (ASX:COH) Has A Pretty Healthy Balance Sheet
