Originally Posted by
DMEarc
Those are some pretty big increases for a fixed revenue company. I would be quite concerned about the company's cash position...
The company's cash position is nothing more than a number on a balance sheet that is just enough to make certain that the company can't be the victim of an LBO.
It is something that can be easily manipulated with the purchase of new MX vehicles, increasing the parts inventory, early debt payments on aircraft, a $75 Million stock buyback program, and down payments on new aircraft....all of which RAH has done over the last few years.
The company's cash position is not an issue.