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A debt load that's three times its earnings equal, for you term, potentially terminal problem. One year of earnings equals no worries, right? It's just the ability of the company to pay this down. And i think the answer in netflis cases, they have to do it and slow it down. They use a huge pile of cash to produce more content. The money always is being re invested in the business. Just to stay alive.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode