Debt capital generally has lower cost of capital compared to equity funding. While its negative growth hardly justifies opting for zero-debt, if the decline sustains, it may find it hard to raise debt at an acceptable cost. However, a ratio greater than 3x may be considered high by some. Having no debt on the books means RIM has more financial freedom to keep growing at its current fast rate. Moving forward, its financial position may change.
Other important fundamentals need to be considered alongside. You should continue to research Rimfire Pacific Mining to get a more holistic view of the stock by looking at:. Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity. Other High-Performing Stocks : Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here. To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data.
Note that our analysis does not factor in the latest price-sensitive company announcements. The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
For errors that warrant correction please contact the editor at editorial-team simplywallst. Fairfax had already quietly become Research In Motion's fourth-largest shareholder by last September, at which point it owned 2. In January, Fairfax disclosed that it had upped its stake to 5. In Primecap's last disclosure in February it said that it owned 5. Balsillie's last disclosure said that he, as with Mr. Lazaridis, also owns 5. Todd Coupland, an analyst with CIBC, said Fairfax's decision to increase its stake is a constructive move for the technology giant when it comes to protecting itself from unwanted takeovers or activism.
Australian dollar. Canadian dollar. Chinese yuan. Czech koruna. Danish krone. Japanese yen. Norwegian krone. Swedish krona. Proactive Tax Planning is a major part of becoming a millionaire. Keeping more of your hard-earned money frees up more money to be invested.
The more money invested, the faster wealth can build up. Talk with a Fiduciary Financial Planner to see what other tax-saving opportunities you might be able to incorporate. Are you miserable at work?
You may have chosen the wrong job or career path. Anyone, with any income, can become a millionaire. Bigger paychecks will increase the odds that you reach the status of having a million-dollar net worth. For those who hate your job or career, it will show. This can result in slower career advancement over time. While it may be easier said than done, choosing the right career path that comes with the potential to earn enough to support your desired lifestyle and is something you actually enjoy is a major life quest for many.
You many to balance taking a job you like versus love to get the money you need to bring more happiness is other parts of your life. There are many financial benefits to being married. Choosing the wrong spouse will make your quest to become a millionaire much more difficult.
If one spouse is a spender and the other is a saver- the spender tends to win out. Those who have a purpose or passion in life make it easier on themselves to get up each and every morning.
The move through life with an extra spring in their steps. It may be tempting to pick a job or career path based mostly on the salary, also consider the quality of life that it will end up providing for you and your loved ones. Follow your passions and dreams and money will follow, as the saying goes. Work with a fiduciary financial planner to get your financial house in order and maybe, just maybe; you too will make it to millionaire status. This is a BETA experience. You may opt-out by clicking here.
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