Jul. 4 at 9:13 PM
$GYST - The company currently holds 71.78 K in liabilities with Debt to Equity (D/E) ratio of 0.85, which is about average as compared to similar companies. Graystone has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Graystone until it has trouble settling it off, either with new capital or with free cash flow. So, Graystone's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Graystone sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Graystone to invest in growth at high rates of return. When we think about Graystone's use of debt, we should always consider it together with cash and equity. https://www.macroaxis.com/stock-analysis/GYST/Graystone #insidertrading #stocks #fintechnews
