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5min chapter
How to fix a broken balance sheet
Cloud 9fin
Understanding Corporate Debt Dynamics
This chapter explores the intricacies of corporate debt, highlighting the vital role of financial instruments such as bonds and loans. By comparing distressed companies to sick patients in need of surgical intervention, it emphasizes the importance of grasping a company's capital structure and identifying 'zombie' companies burdened by excessive debt.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode