Originally Posted by
Clear Right
I would offer a contrarian opinion; since 2018 UA has gone from $38B long term debt to $63B in long term debt, almost double in 5 years. Could pay off and the aggressive growth strategy may work. But this game has been played before and it doesn’t always work out well. Might be a little nervous with all that debt. But, just an opinion.
You might want to check your numbers. Last earnings call, UA had $29.3 billion in debt and $16.1 billion in cash.