In computing the optimal debt ratio for a company, we often rely on the most recent year’s financial statements.
While that does give you the most updated numbers for a company, the most recent year's earnings may not be a good indicator for long term borrowing capacity, for cyclical or commodity companies or companies with one-time losses/profits. In this session, I look at ways of deciding the optimal, when you decide to look past just the last year's earnings.
At this year's SALT New York conference, Wences Casares, the chairman of XAPO, and Peter Briger, the principal and co-chief executive officer of Fortress Investment Group discussed the macro case for Bitcoin. Q2 2021 hedge fund letters, conferences and more XAPO describes itself as the first digital bank of its kind, which offers the "convenience" Read More