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Warren Buffett famously said, 'Volatility is far from synonymous with risk.' 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 Viva Leisure Limited (ASX:VVA) makes use of debt. But is this debt a concern to shareholders?
When Is Debt Dangerous?
Generally speaking, debt only becomes a real problem when a company can't easily pay it off, either by raising capit...
>>> Read more: Is Viva Leisure (ASX:VVA) Using Debt In A Risky Way?
When Is Debt Dangerous?
Generally speaking, debt only becomes a real problem when a company can't easily pay it off, either by raising capit...
>>> Read more: Is Viva Leisure (ASX:VVA) Using Debt In A Risky Way?