All equipment hire and leasing companies have substantial debt. They match the debt from the lender with the client purchase/hire of the equipment and charge a margin.
If they didn't have debt they wouldn't have a business.
Its the same with Flexigroup.
$100 million free cashflow a year.
All equipment hire and leasing companies have substantial debt....
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Last
88.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $401.7M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.5¢ | 87.5¢ | $516.3K | 586.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4208 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 1131 | 1 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| EHL (ASX) Chart |
