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KeepItRealistic

07/07/23 11:42 PM

#863 RE: TenKay #823

DIP owns squat

Total hogwash statement
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BeamMeUpScotty

07/08/23 12:03 AM

#864 RE: TenKay #823

The value is dependent on the costs of time effort and procurement in setting up the same facilities from scratch.

That makes the assets worth considerably more than the book value.

No doubt those assets have already been depreciated over a couple of years already.

That’s why analysts use the amount of profits year to year before

Earnings
Before
Interest
Tax
Depreciation
and
Amortization

That’s the famous EBITDA acronym used for consistency year to year to compare like with like.