Published on 4 Nov 2020 on Simply Wall St. via Yahoo Finance
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. As with many other companies IAMGOLD Corporation (TSE:IMG) makes use of debt. But is this debt a concern to shareholders?
When Is Debt Dangerous?