Simply Wall St: Santova Has A Rock Solid Balance Sheet
By Simply Wall St, Published December 23, 2020
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, ‘The possibility of permanent loss is the risk I worry about… and every practical investor I know worries about.’ When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. Importantly, Santova Limited (JSE:SNV) does carry debt. But is this debt a concern to shareholders?