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David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' 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 note that Smartpay Holdings Limited (NZSE:SPY) does have debt on its balance sheet. But should shareholders be worried about its use of debt?
Why Does Debt Bring Risk?
Debt assists a business until the busi...
>>> Read more: We Think Smartpay Holdings (NZSE:SPY) Can Stay On Top Of Its Debt
Why Does Debt Bring Risk?
Debt assists a business until the busi...
>>> Read more: We Think Smartpay Holdings (NZSE:SPY) Can Stay On Top Of Its Debt
