Bombardier shooting itself in the feet again | Value Investing News

Bombardier shooting itself in the feet again

  • Business Aircraft – $356 million EBITDA, spent $617 million in capitalized expenses (net these two – this is a $261 million cash burn) – can they actually turn this around and make money?
  • An $85 million cash drain in the first 9 months of 2018, if repeated in 2019, will result in another $113 million cash going out the window.
  • Where will they get the cash?
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