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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.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. Importantly, Macmahon Holdings Limited (ASX:MAH) does carry debt. But the more important question is: how much risk is that debt creating?
When Is Debt D...
>>> Read more: Does Macmahon Holdings (ASX:MAH) Have A Healthy Balance Sheet?
When Is Debt D...
>>> Read more: Does Macmahon Holdings (ASX:MAH) Have A Healthy Balance Sheet?