In my opinion the market is way over discounting the debt. Which is 97% fixed rate with very long maturities, only 1BN of which is maturing in 2024. The debt is not a result of mismanagement, which would be another red flag (like AT&T). Management commited to paying it down and they have done. Good IP as well (lord of the rings, harry potter, DC etc). The interest on the debt alone is eating 2-3 billion in free cash flow. Thats a lot of free growth in their bottom line when debt is paid down
Thank you! I had no idea how to look at WBD! I'll do watch and wait until we see some improvement on their debt and growth.
excellent review on WBD
I like your videos :) What is your opinion on Everest Group?
Hi! Thank you for the video. I would like to ask you if you could do analysis video on Sherwin-Williams stock. Thank you for your answer.
I can add them to my list 👍
Will you be doing an analysis on CROX? That would be great please!
What about realty income?
Sure, I have it on my list of videos to do 👍
In my opinion the market is way over discounting the debt. Which is 97% fixed rate with very long maturities, only 1BN of which is maturing in 2024.
The debt is not a result of mismanagement, which would be another red flag (like AT&T). Management commited to paying it down and they have done.
Good IP as well (lord of the rings, harry potter, DC etc). The interest on the debt alone is eating 2-3 billion in free cash flow. Thats a lot of free growth in their bottom line when debt is paid down
Agreed. They are already working on paying down the debt so in the future they could be in a very good position once that long term debt is reduced.
Please do (formerly known as) OSTK, overstock
Sunscriber request: Hope you can share your thoughts on VITL (Vital Farms)