AZJ 0.59% $3.37 aurizon holdings limited

@madamswer Sorry I have what may be a stupid question but any...

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    @madamswer

    Sorry I have what may be a stupid question but any help would be appreciated.

    The report today says that AZJ gearing is about 40% which I believe equates to around $3.6B if I’m not mistaken.

    My question is how does AZJ service that debt is 100% of profits are always paid back to shareholders in the form of dividends, am
    I missing something here?

    Also to me a company with that much debt isn’t necessarily deemed as “low risk”, id be interested to hear why you think it is regardless of current gearing levels?

    Thanks in advance
 
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Last
$3.37
Change
-0.020(0.59%)
Mkt cap ! $6.313B
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$3.38 $3.38 $3.36 $4.404M 1.307M

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$3.37 193772 36
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