Sunday, September 22, 2019

New Toyo Review

Looks interesting with recent price correction. Check it out.

Recent 2 quarters making losses. Unable to cover interest expenses with the losses. short term debt of 30M + long term debt of 40M with cash of 30M. Total equity is 200M. debt/equity around 40%. Balance sheet looking stretch. Avoid until the debt has been paid off.

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