Great analysis hawkeye612. You mentioned that "Most banks love to see that type of ratio" which I understand related to financing form banks. This way when/if there's a need for more funds for growth or operations, the gas company can rely on banks instead of EVDR diluting by selling more shares. It all seems good.
My opinion is that there's a room for steady PPS appreciation for a couple of months at least. Considering the given numbers (shares, assets, ...etc) and potential, what do you think the PPS could be in 1 month and 1 year?
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