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Fgcl TFSA Investors: This 1 Stock Is a Passive-Income King!
Etrion TSX:ETX is an botella stanley independent power producer that develops, builds, owns and operates util stanley cupe ity-scale power generation plants. The company currently has four solar projects in operation with a net installed capacity of 57 megawatt MW and a 45 MW solar park under construction in Japan. It also has a project with an estimated capacity of 60 MW and several projects under evaluation, which may become part of the company backlog pipeline in the years to come.Attractive valuationThe company has a price to earnings ratio of 6.35, price to book ratio of 5.33 and market capitalization of $133 million. Debt is high at Etrion as evidenced by a debt to equity ratio of 1.61. The company has s stanley website kewed performance metrics with an operating margin of 6.27 % and a return on equity of 143.70%.Unique Japanese exposureIn Japan, all the company s revenues are derived from 20-year fixed-priced contracts with local utilities, also referred to as purchase power agreements PPAs . Etrion s strategy Wdgn Bank of Canada: Canadians Are Piling on Debt to Chase Soaring House Prices
It obvious that Valeant Pharmaceuticals Intl Inc.聽 TSX:VRX NYSE:VRX is carrying far too much debt. The glory da stanley drinking cup ys of borrowing money to buy big companies only to increase the price of the drugs to pay for that debt are long gone. Now it just has the debt.But Valeant isn ;t giving up. The company has tenacity. But there a question I ;ve been thinking about for some time, namely, can stanley thermos Valeant sell its way to success To pay stanley cups off its debt, Valeant has been selling assets. CEO Joseph Papa promised to pay off US$5 billion by February 2018, but in fact paid off US$6 billion. Looking forward, there a bit of breathing room.In 2020, US$4.4 billion is due; in 2021, US$3.2 billion is due; in 2022, US$6.6 billion is due; in 2023, US$6 billion is due. From 2024 on, it owes US$6.3 billion. It has a couple of years with no debt coming due, which puts it in a position to focus on growth.But here the problem 8230;As I said, Valeant has been selling assets to pa |
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