$DXM HUGE FILING. PAID DOWN $475M of DEBT in Q2
This filing is showing $DXM repaid ~$475M in debt in Q2. If correct that would be HUGE.Calc applicable ratios on your own
http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=205085&fid=8940139
my napkin math
spmd cash is 112 and dexo cash is 131 as of june 30 i believe
SPMD debt only $1.027B? It was $1.442B at March 31
1.9+1.027 = 2.927 vs .112+.131 cash
2.68B net debt
Enjoyed this? Get more like it.
Glen's Musings — AI, investing, and building things. Occasional. Free.
Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
More in Value Investing
Keep Exploring
Glen's Track Record
Full performance history from 2008 to present.
Read moreCurrent Positions
What Glen actually owns — every ticker, every share class.
Read moreFanniegate: The Full Story
The largest fraud in American capital markets history.
Read more157 Billionaire Profiles
What the world's most successful people got right.
Read moreDisclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.