FEA 0.00% 4.5¢ forest enterprises australia limited

all over red rover, page-16

  1. 13,561 Posts.
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    by the way you cant compare gns and fea

    $208m was current for fea
    only $126m is current for gns

    fea had $301m in liabilities
    $208m was about 80% of fea's loan obligations
    fea only had $592m in assets
    so the loan due was enormous

    gns however has a current loan of $126m
    its total liabilities are $1.16bn
    $126m is only 10% of its total liabilities
    gns is also a much much bigger company than fea
    GNS has about $2.6 in assets

    little wonder fea is a goner
    but gns is completely different story.

    might be worth looking at the debt and comparing it to equity
    fea
    equity $291m
    current debt $208m
    gns
    equity $1457m
    current debt $126m
    like chalk and cheese hey?
 
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