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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. When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. We note that Data#3 Limited (ASX:DTL) does have debt on its balance sheet. But the real question is whether this debt is making the company risky.
When Is Debt A Problem?
Debt is a tool to help businesses grow, but if a business is incapable of paying off its lenders, then it exists…
Read the full article at: https://simplywall.st/stocks/au/software/asx-dtl/data3-shares/news/data3-asxdtl-seems-to-use-debt-rather-sparingly/
