ABS a.b.c. learning centres limited

the numbers

  1. 10,574 Posts.
    lightbulb Created with Sketch. 18
    Looking at the half yearly report a few numbers that popped out to investigate are.
    Interest $73.2 million (interest bill has blown out)
    Operating cash flow after receipts from customers and payments to suppliers is $81.1 million take off interest $73.2 million leaves only $7.9 million net

    This indicates to me that things are going to get very tight at ABS paying back bank interest.
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