Category Archives: Company Debt

Credit company sees increase in debt collection referrals in 2021

A GLASGOW-based credit firm saw a sharp increase in insolvency practitioner (IP) collection referrals across the UK in the first six months of the year. BRS Credit primarily focuses on working with PAs to maximize collection from debtor records of companies that have gone into receivership or liquidation. She is currently responsible for collecting over […]

Guangzhou Automobile Group (HKG: 2238) risky use of debt?

Legendary fund manager Li Lu (whom Charlie Munger supported) once said, “The biggest risk in investing is not price volatility, but the possibility that you will suffer a permanent loss of capital. When we think about how risky a business is, we always like to look at its use of debt because debt overload can […]

Ola Electric raises $ 100 million in long-term debt from Bank of Baroda

Ola Electric, the electric vehicle (EV) arm of taxi aggregator Ola, announced on Monday that it had raised $ 100 million (Rs 744.5 crore) in long-term debt from the Bank of Baroda. The company claimed that it was the largest long-term debt financing deal for India’s electric vehicle industry. This 10-year debt will be used […]

“Shame, embarrassment, crushing debt”: what we heard this week

“Shame, embarrassment, crushing debt, try and try – it’s like, what’s left for you to give?” – Mahad Minhas, MD, resident physician at the University of Michigan at Ann Arbor, describing the desperation some students feel when they do not fit into a residency program. “It’s a double victory for these men.” – Anthony D’Amico, […]

Here’s why Sutlej Textiles and Industries (NSE: SUTLEJTEX) has a significant debt burden

Berkshire Hathaway’s Charlie Munger-backed external fund manager Li Lu is quick to say “The biggest risk in investing is not price volatility, but the fact that you suffer a permanent loss of capital. “. It is natural to consider a company’s balance sheet when looking at its level of risk, as debt is often involved […]

China’s defaults hit record $ 18 billion in first half

TOKYO – Corporate defaults in China have reached record levels as Beijing allows companies choking on excessive debt to go bankrupt. Chinese corporate bond issuers defaulted about 116 billion yuan ($ 18 billion) in the first six months of 2021, the highest figure for any January-June period. Missed payments worry foreign investors and drive up […]

Is ElringKlinger (ETR: ZIL2) using too much debt?

Warren Buffett said: “Volatility is far from synonymous with risk”. When we think about how risky a business is, we always like to look at its use of debt because debt overload can lead to bankruptcy. Like many other companies ElringKlinger AG (ETR: ZIL2) uses debt. But should shareholders be concerned about its use of […]

Here’s why Hamburger Hafen und Logistik (ETR: HHFA) has a heavy debt burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” So it seems like smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess the level of risk […]

Ceconomy (ETR: CEC) seems to be using debt quite wisely

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” So it seems like smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess the level of risk […]

Is Grand TG Gold Holdings (HKG: 8299) weighing on its debt?

Berkshire Hathaway’s Charlie Munger-backed external fund manager Li Lu is quick to say “The biggest risk in investing is not price volatility, but whether you will suffer a permanent loss of capital”. When we think about how risky a business is, we always like to look at its use of debt because debt overload can […]