CUS 0.00% $1.27 customers limited

re alanhawke

  1. 4,298 Posts.
    lightbulb Created with Sketch. 18
    CUS debt to equity ratio is fine. However, their accounting has tended to err on the cautious side. As you may have seen from their 1/2 yr, they have written down $18 mill or so on their investments in Fintronics. This would have given them a higher debt to equity ratio than normal, but judging by my earlier posts tonight, I suspect they are about to sell the stake for around $16 mill which will give them back a good wedge of cash. They also carry SPS on their books are a nominal amount, but the reality is that there are 2 other joint shareholders of SPS who would give their right arm for a chance to buy them out. Not to mention the value of 5500 ATM machines out in the field. So equity is good.
    Hope that answers your Q's
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.