ELO News: Is Elmo Software (ASX:ELO) A Risky Investment? - 18th Apr 2022, 2:48pm

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Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know worries about.' 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 Elmo Software Limited (ASX:ELO) does have debt on its balance sheet. But the real question is whether this debt is making the company risky.

Why Doe...

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