hmmm RAD's doesn't seem that bad does it...CVS 1.4 billion common shares....RAD's 800 million--Hmmmmm!
Sorry...that should be "existing leases" not "exiting leases".
> RAD's doesn't seem that bad does it...At the risk of sounding cliche, it's not how big it is but what you do with it that REALLY matters.CVS has borrowed $11B (or so) and used it to generate $6.4B of operating income. They are more than covering the cost of borrowing the money.RAD has borrowed $8B (or so) and used it to generate $12M (yes, that's million) of operating income. Not very impressive use of resources when you consider they have to pay $515M in interest.So, to answer your question, RAD's debt is a serious problem and that is particularly clear when you compare their numbers to those of CVS.
6 billion in debt isnt much for another company to step in and buy almost 5000 stores.Share price could be alot more than it is now.
6 billion in debt isn't much for a company to step in and take over close 5000 stores.