Advertisement
UK markets open in 41 minutes

  • NIKKEI 225

    37,078.40
    -1,001.30 (-2.63%)
     

  • HANG SENG

    16,133.67
    -252.20 (-1.54%)
     

  • CRUDE OIL

    84.41
    +1.68 (+2.03%)
     

  • GOLD FUTURES

    2,398.30
    +0.30 (+0.01%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • Bitcoin GBP

    49,851.62
    +580.94 (+1.18%)
     

  • CMC Crypto 200

    1,280.91
    -31.72 (-2.41%)
     

  • NASDAQ Composite

    15,601.50
    -81.87 (-0.52%)
     

  • UK FTSE All Share

    4,290.02
    +17.00 (+0.40%)
     
Money:

Best mortgage deals of the week

As possibility of multiple interest rate cuts dwindle here's what banks and building societies are offering

Should Investors Worry about AMD’s Long-Term Flexibility?

Paige Tanner
Updated
Should Investors Worry about AMD’s Long-Term Flexibility?

In the previous article, we saw that Advanced Micro Devices (AMD) does not have sufficient cash and equity to meet its total debt obligations, which brings us to the question of whether it has the capability to service its $1.6 billion worth of debt. AMD’s EBIT was just 1.21x its net interest expense in 2017, showing that the company barely managed to pay the interest on its debt. On the other hand, rivals Intel (INTC) and NVIDIA (NVDA) have net interest coverage ratios of 28.7x and 52.6x, respectively.

Continue reading