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Warren Buffett famously said, 'Volatility is far from synonymous with risk.' 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. As with many other companies GR Engineering Services Limited (ASX:GNG) makes use of debt. But is this debt a concern to shareholders?
When Is Debt Dangerous?
Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. If things get really...
>>> Read more: Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?
When Is Debt Dangerous?
Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. If things get really...
>>> Read more: Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?
