Xtant Medical Holdings Inc (XTNT)

[jboatswain]

It's not past. Forget about assets that include inventory and good will. These assets matter a little compared to EBITDA to debt ratio. This is not some theoretical ratio. This played out in all those shale oil companies, where the core assets did not help. What helped these companies is oil price, thereby increasing EBITDA.

The question is how can one explain assets ( intangible plus inventory, etc) can decrease debt? FDA approvals in this space has a minimal value. This is not a drug that generates $50M per annum profit.


Even though I'm cautiously long on this ticker, this won't move much by FDA approvals. Long term debt is hidden deep inside.