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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.' 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 note that Coles Group Limited (ASX:COL) does have debt on its balance sheet. But the real question is whether this debt is making the company risky.
Why Does Debt Bring Risk?
Debt and other liabilities become risky for a business...
>>> Read more: We Think Coles Group (ASX:COL) Can Stay On Top Of Its Debt
Why Does Debt Bring Risk?
Debt and other liabilities become risky for a business...
>>> Read more: We Think Coles Group (ASX:COL) Can Stay On Top Of Its Debt