2 ms·
Having debt doesn’t make a company underwater. If you can use that debt to generate more revenue than it cost to service the debt it makes absolute financial se
by kasey_junk 5y ago
Having debt doesn’t make a company underwater. If you can use that debt to generate more revenue than it cost to service the debt it makes absolute financial sense to do so.
Basically every major corporation in the world right now has large debt in the form of lines of credit. It’s too cheap not to right now. Especially for a company that doesn’t have easy access to institutional investors.