PRU News: Is Perseus Mining (ASX:PRU) Using Too Much Debt? - 9th Apr 2022, 8:56am

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Warren Buffett famously said, 'Volatility is far from synonymous with risk.' 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. As with many other companies Perseus Mining Limited (ASX:pRU) makes use of debt. But should shareholders be worried about its use of debt?

Why Does Debt Bring Risk?

Generally speaking, debt only becomes a real problem when a company can't easily pay it off, either by raising...

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