PNV News: We Think PolyNovo (ASX:PNV) Is Taking Some Risk With Its Debt - 27th Aug 2022, 7:00am

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Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know worries about.' So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. We can see that PolyNovo Limited (ASX:pNV) does use debt in its business. But the more important question is: how much risk is that debt cr...

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