Now, I don't have
massive loads of debt because I've never gotten in to a car loan, mortgage, or anything in general that would've required significant financing.
Not exact matches
Valeant has finally given up on its serial acquirer strategy, but the
massive debt load seriously limits the company's strategic flexibility going forward, and the lack
of cash flow from all the deals has it in trouble with its creditors.
Last year, iHeartMedia flagged «substantial doubt» about its ability to continue as a going concern, as it struggled to get out from under a
massive debt load it took on as part
of a leveraged buyout
of billboard company Clear Channel Outdoor in 2008.
Glencore (GLCNF) is a key case in point — shares
of the mining big plummeted virtually 30 % on Monday as traders feared how it would support its
massive personal
debt load.
Still, despite its
massive debt load (nearly $ 14 billion net
of cash), Intelsat remains a company with a very small market cap.
A couple
of small examples would be Greiffenberger, a German auto parts maker that trades at a 9 % FCF yield and has a
massive debt load, and Ambra, a Polish wine importer with a much smaller
debt load, but also trading at a 9 % FCF yield.
Toys R Us, one
of the top toy and children's furniture and juvenile products retailers in the nation, filed for Chapter 11 bankruptcy protection early this week, faltering under a
massive debt load that has accumulated at a time when more consumers are shopping on line.
Credit cards are usually the culprits
of massive debt pile - ups, while other consumer loans and mortgages also contribute to Canadians»
debt -
loads.
With much
of the global economy struggling under the weight
of massive debt loads and unfavorable demographic trends, it's an open question whether the next few years will involve higher interest rates — as most experts have expected, and continue to expect — or whether these deflationary forces will keep interest rates low for a while longer.
This cost should not be borne solely by new licensees, who enter the profession already staggering under
massive debt loads and who have the lowest earning power
of anyone in the profession.