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Strategies & Market Trends : Value Investing

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To: bmw12151 who wrote (69831)2/28/2022 5:56:30 AM
From: bruwin1 Recommendation

Recommended By
S. maltophilia

   of 78740
 
"Thoughts?"

ATUS.

At a first look at ATUS's Income Statement from the top down, it looks good, until we get to the effects of the company's massive Long Term Debt sitting at about 26 Times its Annual Net Earnings. Over 18% of its EBITDA gets chewed up by interest expense.



Its ROE% is Negative because its Total Liabilities ($34,085mil) Exceed its Total Assets ($33,215mil) making it "Technically Insolvent" as in ......



...... which is not likely to make it particularly attractive to potential shareholders.


A contributory factor to this is ATUS's Negative Retained Earnings ......



..... which most likely came from its Share Buy Back activities ........



So, at the end of the day this seems to be what the "Market" thinks of ATUS and possibly why you believe it's a "Cigar Butt" ------->





No doubt to have an INFORMED idea as to where ATUS goes from here one will have to keep an eye on the company's future Quarterlies. Anything else could be regarded as "Crystal Ball Gazing", IMO.

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