[quote name='noelk27' timestamp='1331346109' post='1571801']
So, in your professional opinion, a company returned to profit in one year, with a $3.2m (which represents less than 0.005%) pre-tax profit from $700m in sales, where the sales figure has been grossly inflated by massive product price hikes in the last year or so, shouldn't, in any way, be concerned about carrying $246m in debt? And you wonder how the western economies got themselves into the state they're currently in.
[/quote]
Google "gearing", Noel.
It all depends on what the nature of the debt is.
The sale of subsidiaries is an interesting question - would raise capital without needing to turn to the market; but all depends on Fender's long-term plans.