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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (7329)5/13/2000 10:30:00 AM
From: The Fix  Read Replies (2) | Respond to of 24939
 
Does anyone have a list of potential Takeover Targets (Oil/Gas/Service) that might happen in the coming months? Calahoo and Rennata yesterday, Alpine today, Ranger, Beau, Renisance tomorrow.

fIXER



To: Bearcatbob who wrote (7329)5/13/2000 3:55:00 PM
From: bill  Read Replies (1) | Respond to of 24939
 
Thanks to all of you who posted replies. That is a big
help. Something I don't understand is the significance
of the following statement.

Debt including working capital deficiency dropped by $1,058,889 in the
quarter to $11,485,445. This results in a debt-to-annualized cash flow ratio of 1.5 times.

I understand that debt and the resultant interest can
kill a company. Many a company has gone under
because they have too much debt. I assume "working
capital deficiency" is a buzz-word type statement for
debt.? What is the significance of a debt-to-annualized
cash flow ratio of 1.5? Low, okay, high, scary?