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Net-Man

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Net-Man

Re: MonstaGains post# 44770

Thursday, 07/27/2017 3:46:38 PM

Thursday, July 27, 2017 3:46:38 PM

Post# of 58072
I don't understand that logic. DRYS has less debt than most shipping companies. The $150 million in commercial loans are fairly normal. The $200 million revolver still has 2.5 years or so to go and isn't an issue. Don't know if the ship valuations are spot on, but it seems fairly clear there is a very good debt/equity ratio.

Nope. Don't see debt as a problem for DRYS... not at the moment any way.
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