11-30-2018, 12:27 PM
(11-30-2018, 11:55 AM)EricL Wrote:Quote:Chowder talks about good debt and bad debt. I don't like that characterization, preferring instead to think in terms of manageable debt and dangerous debt.
This is how I think about debt, too. Not good or bad, it's all debt. But is it out of control, what is the timing, cost, FCF coverage, etc.