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by kevmarsden
1174 days ago
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A few comments pointed out McDonald's stock price or recent profit, but underneath the hood, their financials aren't great. Since 2010 their long-term debt has grown from about $10 billion to $35 billion. They currently spend about $1.2 billion/year on interest payments, but over time that will increase substantially as their low interest bonds mature. Here's the recent history of their balance sheet: https://www.macrotrends.net/stocks/charts/MCD/mcdonalds/bala... |
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