These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively
09 January, 2023
Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ It’s only natural to consider a company’s balance sheet when you examine how risky it is, since debt is often involved when a business collapses. We can see that Steelcase Inc. (NYSE:SCS) does use debt in its business. But is this debt a concern to shareholders?
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