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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. We note that Novonix Limited (ASX:NVX) does have debt on its balance sheet. But the real question is whether this debt is making the company risky.
When Is Debt Dangerous?
Debt is a tool to help businesses grow, but if a business is incapable of paying off its lenders, then ...
>>> Read more: Here's Why Novonix (ASX:NVX) Can Manage Its Debt Despite Losing Money
When Is Debt Dangerous?
Debt is a tool to help businesses grow, but if a business is incapable of paying off its lenders, then ...
>>> Read more: Here's Why Novonix (ASX:NVX) Can Manage Its Debt Despite Losing Money
