IntelGenx Technologies Corp (IGXT): from 10K: "Maximum Total Debt to Tangibl...

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chemist72

Re: None

Tuesday, 03/31/2015 10:31:41 AM

Tuesday, March 31, 2015 10:31:41 AM

from 10K: "Maximum Total Debt to Tangible Net Worth ratio of 2.5:1"

Not sure I understand this. So if I read their financial statements correctly, current net worth is about $6M. Does that mean BOM will let them carry a total debt of up to $15M??

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