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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. As with many other companies Murray Cod Australia Limited (ASX:MCA) makes use of debt. But is this debt a concern to shareholders?
When Is Debt A Problem...
>>> Read more: Health Check: How Prudently Does Murray Cod Australia (ASX:MCA) Use Debt?
When Is Debt A Problem...
>>> Read more: Health Check: How Prudently Does Murray Cod Australia (ASX:MCA) Use Debt?
