Ascena Retail Group Inc fka ASNAQ

[RyGuy]

Thanks Patrick for the PM. Yes your number of $1.3 Billion is correct. I think the exact number is $1.26 Billion since they paid down $80 million at a discount.

The numbers I used I got off of Yahoo. Easiest place to get all those stats in one place, without going to look at each companies actual financials.

Yahoo calculates “total” debt that also includes the cost of leases, and other expenses.

What I find interesting..... is that ASNA’s debt when comparing it as a percentage of its revenue, it is right in the middle of where all its peers are. I gotta believe it is going to improve with the ending of the dress barn leases.

I don’t know how Tdeck finds these deep value companies. But Ascena based just on compared metrics with all of its peers is undervalued by a factor of 10-30 times multiples.