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Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved when a business collapses. Importantly, Karoon Energy Ltd (ASX:KAR) does carry debt. But the more important question is: how much risk is that debt creating?
When Is Debt Dangerous?
Generally speaking, debt only becomes a real problem when a company can't easily pay it off, either by raising capital o...
>>> Read more: Here's Why Karoon Energy (ASX:KAR) Can Manage Its Debt Responsibly
When Is Debt Dangerous?
Generally speaking, debt only becomes a real problem when a company can't easily pay it off, either by raising capital o...
>>> Read more: Here's Why Karoon Energy (ASX:KAR) Can Manage Its Debt Responsibly