Debt Account – 4 Walls And A View http://4wallsandaview.com/ Tue, 28 Jun 2022 12:30:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://4wallsandaview.com/wp-content/uploads/2021/06/icon-5.png Debt Account – 4 Walls And A View http://4wallsandaview.com/ 32 32 Should you buy real estate when stocks are plunging? https://4wallsandaview.com/should-you-buy-real-estate-when-stocks-are-plunging/ Tue, 28 Jun 2022 12:30:00 +0000 https://4wallsandaview.com/should-you-buy-real-estate-when-stocks-are-plunging/ The year has not been good for stock market investors. Of course, for those with a long-term penchant for stock picking, that’s a good thing: it’s easier to find bargains when other investors head for the hills. Single-tier shares are now value shares. Is it the same for real estate? Property prices have yet to […]]]>

The year has not been good for stock market investors. Of course, for those with a long-term penchant for stock picking, that’s a good thing: it’s easier to find bargains when other investors head for the hills. Single-tier shares are now value shares.

Is it the same for real estate?

Property prices have yet to take the same hit as equities, but there are signs that it is coming. That said, I think now may still be a good time to buy real estate, as long as the following three things are true: you find values, you have plenty of reserves, and you keep a long-term perspective. Here is an overview of each factor.

Image source: Getty Images.

1. How to find value

Value is key in equity and real estate investments. You might find the best multi-family building ever, but if you overpay and can’t even pay off your debts with the cash flow, you might suffer a loss. And after a few years of gangbuster comebacks in real estate, there aren’t many values ​​left.

Examine the cash returns of potential investments. Calculate what your cash flow from the property would be and divide it by the down payment. Cash-on-cash yields are similar to cap rates but factor in funding, so your cash-on-cash yield should be higher than the cap rate. You can compare this yield to the dividend yield of a real estate investment trust (REIT).

Set a cap rate threshold and don’t buy if you can’t hit that hurdle. You can get creative – if a property hasn’t performed as well as it could, figure out what the market rent would be and use that in your analysis. Also remember that any deferred repairs or maintenance you take care of must be added to the down payment amount, as this is an investment you are making.

2. Maintain sufficient cash reserves

A decline in stocks doesn’t necessarily mean a recession will follow, but it’s good to be prepared just in case. If the stock market, inflation, supply chain issues, and labor shortages cause some level of economic recession, you could be stuck with long periods of vacation.

If this happens, you must have reservations. All real estate investments have fixed and variable costs. Fixed costs are things like property taxes and mortgage payments, and variable costs are things like property management fees and utilities. If no one is occupying your property, you will not have to pay the variable costs, but you will still be responsible for the fixed costs.

Reserves are the commercial equivalent of a rainy day fund. Most of the time, they sit idle in a bank account and don’t earn much interest, but when you need them, they’re a lifesaver. A good rule of thumb is to keep around six months supply at all times. Calculate your monthly fixed costs and multiply them by six. If you’re very worried about the economy, keep a full year. It may also be a good idea to determine if there is any deferred maintenance (like a furnace that will need to be replaced soon) and start saving specifically for that.

3. Invest for the long term

In the stock market, it is difficult to have a long-term vision. Every minute, the market shouts a price at you. If the price of a stock has fallen by 60% or even 80% in the last year, it becomes very difficult to stay the course.

Real estate investing just isn’t as active. Maybe your neighbor who has a similar house will sell, and it’s 10% less than what you paid, but who cares? As long as you have good funding, if any, it doesn’t matter. Keep the place rented to continue generating cash flow and paying off debts. If you’re making payments, the bank usually doesn’t care if the price goes down.

In real estate investing, building equity and generating cash flow is what matters. You are not buying a rental property with the intention of selling it. You buy it to collect rent and use it to pay off debt. If you can do it consistently, the market price just doesn’t matter.

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Zurn Water Solutions (NYSE:ZWS) seems to be using debt quite wisely https://4wallsandaview.com/zurn-water-solutions-nysezws-seems-to-be-using-debt-quite-wisely/ Sun, 26 Jun 2022 13:10:02 +0000 https://4wallsandaview.com/zurn-water-solutions-nysezws-seems-to-be-using-debt-quite-wisely/ Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from synonymous with risk.” So it may be obvious that you need to take debt into account when thinking about the risk of a given stock, because too much debt can […]]]>

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from synonymous with risk.” So it may be obvious that you need to take debt into account when thinking about the risk of a given stock, because too much debt can sink a business. Above all, Zurn Water Solutions Company (NYSE:ZWS) is in debt. But does this debt worry shareholders?

Why is debt risky?

Debt is a tool to help businesses grow, but if a business is unable to repay its lenders, it exists at their mercy. In the worst case, a company can go bankrupt if it cannot pay its creditors. However, a more common (but still painful) scenario is that it has to raise new equity at a low price, thereby permanently diluting shareholders. Of course, many companies use debt to finance their growth, without any negative consequences. The first step when considering a company’s debt levels is to consider its cash and debt together.

Check out our latest analysis for Zurn Water Solutions

How much debt does Zurn Water Solutions have?

The image below, which you can click on for more details, shows Zurn Water Solutions had $538.2 million in debt at the end of March 2022, a reduction from $1.12 billion year-over-year . On the other hand, it has $73.2 million in cash, resulting in a net debt of approximately $465.0 million.

NYSE: ZWS Debt to Equity History June 26, 2022

How strong is Zurn Water Solutions’ balance sheet?

The latest balance sheet data shows that Zurn Water Solutions had liabilities of $214.5 million due within the year, and liabilities of $710.4 million due thereafter. As compensation for these obligations, it had cash of US$73.2 million and receivables valued at US$199.5 million due within 12 months. Thus, its liabilities total $652.2 million more than the combination of its cash and short-term receivables.

Of course, Zurn Water Solutions has a market capitalization of US$3.39 billion, so those liabilities are probably manageable. That said, it is clear that we must continue to monitor its record, lest it deteriorate.

We use two main ratios to inform us about debt to earnings levels. The first is net debt divided by earnings before interest, taxes, depreciation and amortization (EBITDA), while the second is how often its earnings before interest and taxes (EBIT) covers its interest expense (or its interests, for short). The advantage of this approach is that we consider both the absolute amount of debt (with net debt to EBITDA) and the actual interest expense associated with that debt (with its interest coverage ratio ).

Zurn Water Solutions’ net debt is at a very reasonable 2.2 times its EBITDA, while its EBIT covered its interest expense at just 4.5 times last year. While these numbers don’t alarm us, it’s worth noting that the cost of corporate debt has a real impact. We note that Zurn Water Solutions has increased its EBIT by 25% over the past year, which should facilitate debt repayment in the future. The balance sheet is clearly the area to focus on when analyzing debt. But it is future earnings, more than anything, that will determine Zurn Water Solutions’ ability to maintain a healthy balance sheet in the future. So if you are focused on the future, you can check out this free report showing analyst earnings forecast.

Finally, a business needs free cash flow to pay off its debts; book profits are not enough. We therefore always check how much of this EBIT is converted into free cash flow. Over the past three years, Zurn Water Solutions has actually produced more free cash flow than EBIT. There’s nothing better than incoming money to stay in the good books of your lenders.

Our point of view

The good news is that Zurn Water Solutions’ demonstrated ability to convert EBIT to free cash flow delights us like a fluffy puppy does a toddler. But truth be told, we think his coverage of interest somewhat undermines that impression. When we consider the range of factors above, it appears that Zurn Water Solutions is quite sensitive with its use of debt. While this carries some risk, it can also improve shareholder returns. When analyzing debt levels, the balance sheet is the obvious starting point. But at the end of the day, every business can contain risks that exist outside of the balance sheet. Example: we have identified 5 warning signs for Zurn Water Solutions you should be aware, and 1 of them is a bit unpleasant.

Of course, if you’re the type of investor who prefers to buy stocks without the burden of debt, then feel free to check out our exclusive list of cash-efficient growth stocks today.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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The average amount of debt of high credit score borrowers is consolidating https://4wallsandaview.com/the-average-amount-of-debt-of-high-credit-score-borrowers-is-consolidating/ Fri, 24 Jun 2022 20:22:00 +0000 https://4wallsandaview.com/the-average-amount-of-debt-of-high-credit-score-borrowers-is-consolidating/ Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Personal loans offer people a flexible way to borrow money to pay for various expenses or […]]]>

Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners.

Personal loans offer people a flexible way to borrow money to pay for various expenses or to consolidate multiple debt balances. Debt consolidation works best when you can turn your multiple debt payments from multiple lenders into one monthly payment with a lower interest rate. This helps you get better organized and get out of debt a little faster.

A recent LendingTree study collected data on how borrowers with high credit scores and low credit scores tend to use their personal loan money, based on personal loan data between April 2021 and March 2022.

The study found that the majority of high-scoring borrowers – 39.7%, to be exact – took out a personal loan to consolidate their debts. The average amount they borrowed was $19,991.

These high-scoring borrowers may actually enjoy better interest rates because creditworthiness is a major factor in the interest rate you receive for debts. A lower interest rate means you can save more money on payments.

Many financial experts actually recommend paying down debt to prepare for a recession, because freeing up your lines of credit can give you more flexibility in the event of job loss or a pay cut.

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The best personal lenders for debt consolidation

Marcus from Goldman Sachs offers some of the best personal loans for debt consolidation because this lender makes the process as easy as possible. Once you have requested the amount of money you will need, you can ask this lender to send direct payments to up to 10 of your creditors. You will only need to provide the name of the creditors, payment information and the amount of money you wish to send and Marcus will handle this transfer process for you.

Plus, if you’ve made 12 consecutive monthly payments on time, you can earn a one-month period when you don’t have to make a payment and your balance won’t accrue additional interest.

Marcus by Goldman Sachs Personal Loans

  • Annual Percentage Rate (APR)

    6.99% to 19.99% APR when you sign up for autopay

  • Purpose of the loan

    Debt consolidation, home improvement, wedding, moving and moving or vacation

  • Loan amounts

  • Terms

  • Credit needed

  • Assembly costs

  • Prepayment penalty

  • Late charge

LightStream is another solid option for debt consolidation, especially considering that this lender gives you up to 144 months to pay off your loan. This can make it extremely flexible for those who would prefer a much smaller monthly payment in their budget. You can also apply for up to $100,000 from this lender.

Borrowers who sign up for autopay (to have their monthly payments automatically deducted from their bank account each month) can also enjoy a 0.5% APY rebate.

LightStream Personal Loans

  • Annual Percentage Rate (APR)

    3.49% to 19.99%* when you sign up for autopay

  • Purpose of the loan

    Debt consolidation, renovation, car financing, medical expenses, marriage and more

  • Loan amounts

  • Terms

  • Credit needed

  • Assembly costs

  • Prepayment penalty

  • Late charge

And even if you don’t have a good or excellent credit rating, there are some personal loan options available to you. Upstart generally accepts applicants with a FICO® or VantageScore of 600 or higher, however, this lender also considers those with poor credit history. Just keep in mind, though, that if you apply for a loan with a lower credit score, you’ll be subject to interest rates above the lender’s APY range.

Beginner personal loans

  • Annual Percentage Rate (APR)

  • Purpose of the loan

    Debt consolidation, credit card refinancing, marriage, moving or medical

  • Loan amounts

  • Terms

  • Credit needed

    FICO or Vantage score of 600 (but will accept applicants whose credit history is so poor that they have no credit score)

  • Assembly costs

    0% to 8% of target amount

  • Prepayment penalty

  • Late charge

    Greater of 5% of monthly amount past due or $15

Editorial note: Any opinions, analyses, criticisms or recommendations expressed in this article are those of Select’s editorial staff only and have not been reviewed, endorsed or otherwise endorsed by any third party.

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Beware of tax debt settlement claims for pennies on the dollar – Red Bluff Daily News https://4wallsandaview.com/beware-of-tax-debt-settlement-claims-for-pennies-on-the-dollar-red-bluff-daily-news/ Thu, 23 Jun 2022 00:37:48 +0000 https://4wallsandaview.com/beware-of-tax-debt-settlement-claims-for-pennies-on-the-dollar-red-bluff-daily-news/ The Internal Revenue Service warns taxpayers with pending tax bills to contact the IRS directly and not to approach unscrupulous tax companies that use local advertising and falsely claim they can resolve unpaid taxes. for pennies on the dollar. “No one can get a better deal for taxpayers than they can usually get for themselves […]]]>

The Internal Revenue Service warns taxpayers with pending tax bills to contact the IRS directly and not to approach unscrupulous tax companies that use local advertising and falsely claim they can resolve unpaid taxes. for pennies on the dollar.

“No one can get a better deal for taxpayers than they can usually get for themselves by working directly with the IRS to solve their tax problems,” said IRS Commissioner Chuck Rettig. “Taxpayers can search online for their best deal, as well as call a dedicated collection line where they can get prompt service using voice and chat bots or choosing to speak with a live phone assistant.”

Offer-in-Compromise factories usually make outlandish claims in local advertising about how they can settle someone’s tax debt for pennies on the dollar. The reality is usually that taxpayers pay a factory fee to get the same deal they could have gotten on their own by working directly with the IRS.

The IRS has compiled the annual Dirty Dozen list for over 20 years to alert taxpayers and the professional tax community to scams and schemes. The list is not a legal document or a literal list of agency law enforcement priorities. It is designed to educate a variety of audiences who may not always be aware of developments involving tax administration.

Mills are a year-round problem, but tend to be more noticeable just after tax season ends and taxpayers attempt to resolve their tax issues, perhaps after receiving a balance owing notice. by mail.

For those who feel they need help, there are many reputable tax professionals and important tools that can help people find the right tax professional for their needs. IRS.gov is a good place to start figuring out what to do.

These mills twist the IRS program into something it is not – tricking people with no chance of meeting the requirements while charging excessive fees, often thousands of dollars.

An offer is an agreement between a taxpayer and the IRS that resolves the taxpayer’s tax debt. The IRS has the authority to settle or impair federal tax obligations by accepting less than full payment in certain circumstances. However, some promoters mistakenly advise indebted taxpayers to file a claim with the IRS, even though the promoters know the person will not qualify. It costs honest taxpayers money and time.

Before taxpayers start investing time in completing the paperwork necessary to submit an offer, they will want to review the IRS’ Offer in Compromise Pre-Qualification Tool to ensure that they are eligible to submit one. Although both individuals and businesses can submit a bid, the tool is only available to individuals.

The IRS has also created a video playlist that walks taxpayers through a series of steps and forms to help them calculate an appropriate offer based on their assets, income, expenses, and future earning potential. Find these helpful and easy-to-browse videos at irsvideos.gov/oic.

The IRS reminds taxpayers that under the First Penalty Reduction Policy, taxpayers may apply directly to the IRS for administrative relief from a penalty that would otherwise be added to their tax liability.

Factories are an example of unscrupulous tax preparers. Taxpayers should beware of unscrupulous “ghost” preparers and aggressive promises to produce a larger refund.

Although most tax preparers are ethical and trustworthy, taxpayers should beware of preparers who do not sign the tax returns they prepare, often referred to as ghost preparers. For electronically filed returns, the ghost will prepare the return, but refuse to digitally sign as a paid preparer.

By law, anyone paid to prepare or help prepare federal income tax returns must have a valid Preparer Tax Identification Number (PTIN). Paid preparers must sign and include their PTIN on the return.

Not signing a return is a red flag that the paid preparer may be looking to make a quick profit by promising a big refund or charging a fee based on the size of the refund.

Unscrupulous tax preparers may also: require payment in cash only and will not provide a receipt, fabricate income to qualify their clients for tax credits, claim false deductions to increase the refund amount or direct refunds to their bank account, not that of the taxpayer. Account.

The Choosing a Tax Practitioner page on IRS.gov has information about tax preparer credentials and qualifications. The IRS Directory of Federal Tax Return Preparers with Credentials and Certain Qualifications can help identify many preparers by type of title or qualification.

Taxpayers are legally responsible for the content of their tax return, even if it is prepared by someone else.

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Consumer and Corporate Debt Consolidation Market – Designer Women https://4wallsandaview.com/consumer-and-corporate-debt-consolidation-market-designer-women/ Tue, 21 Jun 2022 07:24:21 +0000 https://4wallsandaview.com/consumer-and-corporate-debt-consolidation-market-designer-women/ A recent report on the Global Consumer and Corporate Debt Consolidation Market published by Market Reports provides a global overview and opportunity assessment at the moment. The study provides an in-depth examination of key market trends. To most accurately forecast growth in the Consumer and Commercial Debt Consolidation, analysts consider both historical and current growth […]]]>

A recent report on the Global Consumer and Corporate Debt Consolidation Market published by Market Reports provides a global overview and opportunity assessment at the moment. The study provides an in-depth examination of key market trends. To most accurately forecast growth in the Consumer and Commercial Debt Consolidation, analysts consider both historical and current growth parameters.

The kConsumer and Corporate Debt Consolidation Business Intelligence report estimates the market size in terms of value (Mn/Bn USD) and volume (Mn/Bn USD) (x units). The research analysis has been geographically divided into critical regions which are progressing faster than the global market in order to understand the development prospects of Consumer and Business Debt Consolidation. Each Consumer and Business Debt Consolidation section has been carefully reviewed in terms of price, delivery and market potential.

For the forecast period, the study includes a review of the year-on-year growth pattern along with current and potential market volume forecasts (units). The study assesses the effect of the novel COVID-19 pandemic on consumer and corporate debt consolidation, as well as insightful insights into how industry players are responding to the new situation.

Access a sample report – marketreports.info/sample/52559/Consumer-and-Corporate-Debt-Consolidation

The Consumer and Business Debt Consolidation analysis assesses each market leader based on market share, manufacturing presence, new releases, partnerships, existing R&D projects, and strategies. company. In addition, the keyword research examines the SWOT report (strengths, gaps, opportunities and threats).

Major key players included in consumer and corporate debt consolidation markets are: Goldman Sachs, OneMain Financial, Discover Personal Loans, Lending Club, Payoff, Freedom Debt Relief, National Debt Relief, Rescue One Financial, ClearOne Advantage , New Era Debt Solutions, Pacific Debt , Accredited Debt Relief, CuraDebt Systems, Guardian Debt Relief, Debt Negotiation Services, Premier Debt Help, Oak View Law Group

Segment by Type– Credit Card Debt– Student Loan Debt– Medical Bill– Apartment Leases– OthersSegment by Application– Company– Consumer

What are the key takeaways from the Consumer and Business Debt Consolidation Study for readers?

• Investigate the existing business models of any player in consumer and business debt consolidation, including product launches, expansions, alliances and acquisitions.

• Recognize key drivers, constraints, opportunities and patterns (DROT analysis).

• Key factors such as carbon footprint, R&D progress, prototype inventions and globalization.

• To examine and research the growth of the global Consumer and Business Debt Consolidation landscape, including sales, supply, and usage, historical and forecast data.

Check Instant Discount- marketreports.info/discount/52559/Consumer-and-Corporate-Debt-Consolidation

The Consumer and Business Debt Consolidation report answers the following questions:

  • Which players have a significant share in consumer and business debt consolidation, and why?
  • Why do you think global consumer and corporate debt consolidation would be region-led?
  • What are the variables that negatively impact the growth of consumer and business debt consolidation?
  • How do personal and corporate debt consolidation players develop plans to gain strategic advantage?
  • What would global consumer and corporate debt consolidation be worth?

Regional outlook:

Regionally, the global consumer and corporate debt consolidation market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. In addition, market data classification and region to country analysis are covered in the market research report. Additionally, regions are separated into country and region groups:

– North America (United States and Canada)

– Europe (Germany, UK, France, Italy, Spain, Russia and rest of Europe)

– Asia-Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and rest of Asia-Pacific)

– Latin America (Brazil, Mexico and rest of Latin America)

– Middle East and Africa (GCC (Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa and Rest of Middle East and Africa)

Buy the full report @ marketreports.info/checkout?buynow=52559/Consumer-and-Corporate-Debt-Consolidation

About Us:

Market Reports offers a comprehensive database of syndicated research studies, custom reports, and consulting services. These reports are created to help make smart, instant and crucial decisions based on detailed and in-depth quantitative information backed by in-depth analysis and industry insights.

Our dedicated in-house team ensures that reports meet client requirements. We aim to provide valuable service to our customers. Our reports are based on extensive industry coverage and ensure that we focus on the specific needs of our clients. The main idea is to enable our customers to make an informed decision, keeping them and ourselves informed of the latest market trends.

Contact us:

Carl Allison (Business Development Manager)

Market reports

phone: +44 141 628 5998

Email: sales@marketreports.info

Website: www.marketreports.info

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SQI Diagnostics Inc. Announces Closing of $4.05 Million Debt Financing https://4wallsandaview.com/sqi-diagnostics-inc-announces-closing-of-4-05-million-debt-financing/ Fri, 17 Jun 2022 22:41:00 +0000 https://4wallsandaview.com/sqi-diagnostics-inc-announces-closing-of-4-05-million-debt-financing/ /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA/ TORONTO, June 17, 2022 /CNW/ – SQI Diagnostics Inc. (“SQI” or the “Company”) (TSXV: SQD) (OTCQB: SQIDF), a life sciences and diagnostics company that develops and commercializes proprietary technologies and products for advanced microarray diagnostics, today announces that […]]]>

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA/

TORONTO, June 17, 2022 /CNW/ – SQI Diagnostics Inc. (“SQI” or the “Company”) (TSXV: SQD) (OTCQB: SQIDF), a life sciences and diagnostics company that develops and commercializes proprietary technologies and products for advanced microarray diagnostics, today announces that it has completed a private placement without a broker (the “Offer“) of secured debentures at the price of $1,000 per debenture for aggregate gross proceeds of $4.05 million (collectively, the “Debentures“).

Logo SQI Diagnostics Inc. (CNW Group/SQI Diagnostics Inc.)

The debentures will bear interest at the rate of 8% per annum and will mature two years from the date of issue (the “Due date“). As part of the Offer, the Company amended its existing guarantee agreement (the “Security Agreement“) date January 30, 2015as supplemented and amended from time to time, entered into between the Company and certain holders of the existing 10% Secured Debentures (the “Existing Debentures“) of the Company to secure the obligations of the Company under the Debentures on the same priority as the existing Debentures. At any time prior to the first anniversary of the offering, the Company may redeem the Debentures, in whole or in part , at a price equal to 105% of the aggregate amount of indebtedness under the Debentures which the Company elects to redeem and at any time after the first anniversary of the offering, the Company may redeem the Debentures, in whole or in part, at a price equal to 110% of the aggregate amount of indebtedness under the Debentures that the Company elects to redeem.

SQI intends to use the net proceeds of the offering to fund the commercialization and manufacturing programs of the Company’s products, sales and marketing and for general working capital purposes.

The Debentures were purchased by three insiders of the Company who are Controlling Persons of the Company. The issuances of Debentures to insiders in connection with the Offering are considered related party transactions within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101. Protection of holders of minority securities in special transactions (“MI 61-101SQI relied on the exemptions from the formal valuation and minority approval requirements set forth in sections 5.5(b) and 5.7(f) of NI 61-101 with respect to this insider participation Further details will be provided in the Company’s material change report to be filed on SEDAR. The Offering is subject to all necessary regulatory approvals, including final approval by the TSX Venture Exchange. The Debentures will be subject to to a holding period expiring four months and one day from the date of issue in accordance with the Canadian Securities Acts.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933as amended (the “U.S. Securities Law“) or any state securities law and, therefore, may not be offered or sold in United States or “US persons”, as that term is defined in Regulation S promulgated under the US Securities Act (“American people“), except in compliance with the registration requirements of United States securities law and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute a offer to sell or a solicitation of an offer to buy securities of the Company to , or on behalf of persons in United States or American people.

About SQI Diagnostics

SQI Diagnostics is a leader in lung health science. We develop and manufacture respiratory health and precision medicine tests that run on SQI’s fully automated systems. Our tests simplify and improve COVID-19 mobile PCR, point-of-care antigen testing and antibody monitoring, rapid acute lung injury testing, donor organ transplant informatics, and immunoassay testing. proteins and antibodies. We are committed to creating and bringing to market life-saving testing technologies that help more people in more places live longer, healthier lives. For more information, visit www.sqidiagnostics.com.

Contact:

Financial director
Morlan Reddock
437-235-6563
mreddock@sqidiagnostics.com

CAUTIONARY NOTES

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “will”, “may”, “expect”, “intend”, “anticipate” and other similar expressions that constitute “forward-looking information”. within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Forward-looking statements in this press release include, but are not limited to, statements regarding the Offering and the use of proceeds from the Offering. These forward-looking statements involve risks and uncertainties, including, but not limited to, risks relating to the inability to obtain the necessary regulatory and stock market approvals for the Offering, general economic and market factors, competition, the effect of the global pandemic and resulting economic disruptions, as well as factors detailed in the Company’s current filings with securities regulatory authorities, available at the address www.sedar.com. Although the forward-looking statements contained herein are based on what management believes to be reasonable assumptions based on currently available information, there can be no assurance that actual events, performance or results will be consistent with these forward-looking statements, and our assumptions may turn out to be incorrect. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements as a result of new information, future events or otherwise, except as required by applicable law.

This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities of United States. The securities have not been and will not be registered under United States securities law or any state securities law and may not be offered or sold in United States or to US persons, unless they are registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE SQI Diagnostics Inc.

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As risks rain down on emerging markets, unrest grows https://4wallsandaview.com/as-risks-rain-down-on-emerging-markets-unrest-grows/ Wed, 15 Jun 2022 23:03:00 +0000 https://4wallsandaview.com/as-risks-rain-down-on-emerging-markets-unrest-grows/ Placeholder while loading article actions When global economic watchers talk about the outlook for so-called emerging markets these days, they use alarming terms: they see a toxic cocktail of risk, warn of a train crash, and brace for a potential stunt. of disasters. It is the fallout from a mix of external shocks and growing […]]]>
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When global economic watchers talk about the outlook for so-called emerging markets these days, they use alarming terms: they see a toxic cocktail of risk, warn of a train crash, and brace for a potential stunt. of disasters. It is the fallout from a mix of external shocks and growing financial problems that is sweeping through low- and middle-income countries, creating perhaps the greatest confluence of challenges since the 1990s, when a series of successive crises sank economies and overthrew governments. By mid-2022, rising food and energy prices had fueled street protests in countries like Sri Lanka and Peru.

1. What triggered the concern?

A post-pandemic inflation spurt is a source of tension in countries that need US dollars for energy, medicine and food imports. Food costs account for around 40% of consumer spending in places like sub-Saharan Africa, more than double the share in advanced economies. To rein in rising prices, the US Federal Reserve is embarking on its most aggressive round of interest rate hikes in two decades, which is helping to push the dollar higher and other currencies lower. So debt servicing costs are rising – hot on the heels of developing countries borrowing billions in foreign currency to fight Covid-19.

2. Did the pandemic cause this?

The health crisis has certainly created a backdrop of social tension, which is one reason economists are beginning to suspect a broader trend in the upheavals hitting some of the poorer corners of the globe. Peru, which had one of the highest Covid death rates in the world, was rocked by weeks of violence in March and April as farmers and truckers protested rising fuel and fertilizer costs.

The current dynamics may trigger panic attacks among international investors and sudden capital outflows from the most exposed countries. These are places like Egypt, the world’s largest wheat importer and one of the IMF’s biggest borrowers in recent years. After Russia’s invasion of Ukraine sent global commodity prices soaring, the country’s central bank let the Egyptian pound weaken by more than 15% in a matter of hours and raised the rate of benchmark interest for the first time in five years in a context of hard currency flight.

4. Where else are problems brewing?

Sri Lanka is seen as a prime example of how food and fuel shortages can turn into violent street protests and destabilize an unpopular government. The South Asian nation defaulted on its foreign debt in May for the first time since gaining independence from Britain in 1948. A handful of other nations, including Pakistan, Tunisia, Ethiopia, Ghana and El Salvador, were likely to follow suit, according to Bloomberg Economics. By mid-June, about 15 emerging countries had government bonds trading with yields at least 10 percentage points higher than US Treasuries, a distress benchmark. This against six a year earlier. While the direct effect of a series of defaults on the global economy would be small, explosions in the developing world have a habit of spreading far beyond their starting points. That’s what happened in 1997, when a currency devaluation in Thailand sparked a wider Asian crisis, ended Indonesian President Suharto’s 32-year rule and ultimately led to the default of Russia’s domestic debt.

In some ways, the surge in global commodity prices has been a boon for resource-rich regions like Latin America. Beef and copper exports have grown rapidly in places like Brazil and Chile. But with much of the region’s fuel and fertilizer imported, the concern is that higher prices may still feed off each other. In Brazil, where tensions are high ahead of October elections, President Jair Bolsonaro’s government has used the commodity windfall to expand aid to the poor after a spike in gasoline prices contributed to push inflation above 12% in April.

6. What is the answer?

The World Bank mobilized a $170 billion crisis response program in April, more than the $157 billion spent on its initial Covid-19 response. More countries have started bailout talks with the IMF. And although many rich countries have given developing countries a free pass to pay down their debt while they deal with the virus, progress has been slow on a plan to help debt-ridden countries restructure this that they must. A collective $35 billion bill is due this year. The World Bank, in a revision of a pre-pandemic forecast, predicted in April that the combination of forces will mean that 75 to 95 million people who would have left extreme poverty this year will remain there.

More stories like this are available at bloomberg.com

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WA’s low-interest loans would reduce student debt / Public News Service https://4wallsandaview.com/was-low-interest-loans-would-reduce-student-debt-public-news-service/ Mon, 13 Jun 2022 23:02:40 +0000 https://4wallsandaview.com/was-low-interest-loans-would-reduce-student-debt-public-news-service/ The cost of higher education is a major headache for people, even years after graduation. A program in Washington State aims to make borrowing for college a little easier. State lawmakers passed a measure this year that will establish a 1% interest rate student loan program. It will start with a one-time investment of $150 […]]]>

The cost of higher education is a major headache for people, even years after graduation. A program in Washington State aims to make borrowing for college a little easier.

State lawmakers passed a measure this year that will establish a 1% interest rate student loan program. It will start with a one-time investment of $150 million from the state, after an actuary has analyzed the plan.

The bill’s sponsor, State Rep. Pat Sullivan — D-Covington — said the state had a big budget surplus this year.

“We had a decent amount of one-time money,” Sullivan said, “and I really thought putting it in a student loan account for 1% student loans made perfect sense. Timing was everything. simply perfect.”

The state had a $15 billion surplus to work with in the 2022 session.

Most Republicans voted against the legislation, saying the money should have gone back to Washingtonians through tax breaks.

Washingtonians owe an average of about $33,000 in student debt, according to the Student Loan Hero website. Sullivans said debt burdens people long after they leave college.

“Interest rates are too high,” Sullivan said. “You have graduates unable to take out a loan even for a car in some cases, and buying a home is out of reach given how much debt they are graduating with.”

The Biden administration is considering forgiving some of people’s student debt — possibly up to $10,000.

Sullivan – who is also the majority leader at the State House – said it was great, but his 1% loan scheme is about helping students get ahead.

“It will help a lot of students, but that’s in the future,” Sullivan said, “and so until the federal government can come up with a better solution for students, they’ll continue to go into debt.”

A report on how the program might work in the long term and what level of funding it might need is due on the governor’s desk on Dec. 1.

Support for this report was provided by Lumina Foundation.

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SSE (LON:SSE) seems to be using debt quite wisely https://4wallsandaview.com/sse-lonsse-seems-to-be-using-debt-quite-wisely/ Sun, 12 Jun 2022 07:51:10 +0000 https://4wallsandaview.com/sse-lonsse-seems-to-be-using-debt-quite-wisely/ David Iben said it well when he said: “Volatility is not a risk that interests us. What matters to us is to avoid the permanent loss of capital. So it may be obvious that you need to take debt into account when thinking about the risk of a given stock, because too much debt can […]]]>

David Iben said it well when he said: “Volatility is not a risk that interests us. What matters to us is to avoid the permanent loss of capital. So it may be obvious that you need to take debt into account when thinking about the risk of a given stock, because too much debt can sink a business. We can see that SSE plc (LON:SSE) uses debt in its business. But the real question is whether this debt makes the business risky.

When is debt a problem?

Debt helps a business until the business struggles to pay it back, either with new capital or with free cash flow. If things go really bad, lenders can take over the business. However, a more frequent (but still costly) event is when a company has to issue shares at bargain prices, permanently diluting shareholders, just to shore up its balance sheet. Of course, debt can be an important tool in businesses, especially capital-intensive businesses. When we look at debt levels, we first consider cash and debt levels, together.

Discover our latest analysis for SSE

What is SSE’s debt?

You can click on the chart below for historical figures, but it shows SSE had £8.67bn of debt in March 2022, up from £9.50bn a year earlier. However, as he has a cash reserve of £1.05 billion, his net debt is lower at around £7.62 billion.

LSE: SSE Debt to Equity June 12, 2022

How strong is SSE’s balance sheet?

According to the latest published balance sheet, SSE had liabilities of £4.66bn due within 12 months and liabilities of £11.9bn due beyond 12 months. As compensation for these obligations, it had cash of £1.05 billion as well as receivables valued at £2.22 billion and due within 12 months. It therefore has liabilities totaling £13.3 billion more than its cash and short-term receivables, combined.

This shortfall is sizable compared to its very large market capitalization of £18.6bn, so it suggests shareholders should keep an eye on SSE’s use of debt. This suggests shareholders would be heavily diluted if the company needed to shore up its balance sheet quickly.

In order to assess a company’s debt relative to its earnings, we calculate its net debt divided by its earnings before interest, taxes, depreciation and amortization (EBITDA) and its earnings before interest and taxes (EBIT) divided by its expenses. interest (its interest coverage). The advantage of this approach is that we consider both the absolute amount of debt (with net debt to EBITDA) and the actual interest expense associated with that debt (with its interest coverage ratio ).

We would say that SSE’s moderate net debt to EBITDA ratio (1.9) indicates caution in leverage. And its towering EBIT of 11.5 times its interest expense means that the debt burden is as light as a peacock feather. It should be noted that SSE’s EBIT has jumped like bamboo after rain, gaining 88% over the last twelve months. This will make it easier to manage your debt. The balance sheet is clearly the area to focus on when analyzing debt. But it is future earnings, more than anything, that will determine SSE’s ability to maintain a healthy balance sheet in the future. So if you want to see what the professionals think, you might find this free analyst earnings forecast report interesting.

Finally, a company can only repay its debts with cold hard cash, not with book profits. So the logical step is to look at what proportion of that EBIT is actual free cash flow. Over the past three years, SSE has had free cash flow of 15% of its EBIT, which is really quite low. This low level of cash conversion compromises its ability to manage and repay its debt.

Our point of view

SSE’s ability to grow its EBIT and its interest coverage has reinforced our ability to manage its debt. On the other hand, its conversion of EBIT into free cash flow makes us a little less comfortable about its debt. We also note that companies in the electric utility sector like SSE generally use debt without issue. Given this range of data points, we believe SSE is in a good position to manage its debt levels. That said, the charge is heavy enough that we recommend that any shareholder keep a close eye on it. When analyzing debt levels, the balance sheet is the obvious starting point. However, not all investment risks reside on the balance sheet, far from it. To do this, you need to find out about the 4 warning signs we spotted some with SSE (including 2 that are potentially serious).

In the end, sometimes it’s easier to focus on companies that don’t even need to take on debt. Readers can access a list of growth stocks with no net debt 100% freeat present.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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The next frontier for buy now, pay later is plastic https://4wallsandaview.com/the-next-frontier-for-buy-now-pay-later-is-plastic/ Fri, 10 Jun 2022 15:59:17 +0000 https://4wallsandaview.com/the-next-frontier-for-buy-now-pay-later-is-plastic/ In the face of rising inflation, rising interest rates and slowing economic growth, there’s more competition than ever for consumers’ money — and even how their purchases are made. During the pandemic, most shoppers have shown a preference to buy now, pay later when it comes to payment and still do: installment buying has exploded […]]]>

In the face of rising inflation, rising interest rates and slowing economic growth, there’s more competition than ever for consumers’ money — and even how their purchases are made.

During the pandemic, most shoppers have shown a preference to buy now, pay later when it comes to payment and still do: installment buying has exploded in popularity with a general increase in online shopping.

Now Apple is joining the mix with Apple Pay Later, which lets consumers pay in four payments over six weeks, increasing the pressure on similar offers from companies like Affirm and PayPal, according to Insider Intelligence principal analyst David Morris.

Learn more about personal finance:
Emergency savings hit as households adjust finances
Buy now, pay later is not a boom, it’s a bubble
Credit card balances climb to $841 billion

“This will put additional pressure on BNPL’s fintechs, which are already facing regulatory, competitive and investor tailwinds,” he said.

Not necessarily, according to Sezzle CEO Charlie Youakim. The good news is that “the industry continues to grow,” he said.

Already, 4 in 5 U.S. consumers use BNPL for everything from clothes to cleaning products, according to Experian, and most shoppers said buy now, pay later could replace their traditional form of payment, primarily credit cards. .

Consumers are seeing a buy now, pay later option when shopping online at retailers like Target, Walmart and Amazon, and many vendors have also introduced browser extensions, which you can download and apply to any online purchase . Then there are apps, which let you use installment payments when you buy things in person.

But as Americans tighten their belts, big BNPL players including Sezzle, Zip, Affirm and Klarna are trying a new tactic to entice consumers – and it sounds a lot like an old credit card.

All announced the release of a physical card, which will be linked to your bank account with the ability to pay in interest-free installments over time.

While Apple aims to replace everything in your physical wallet, rivals say there’s still a place for plastic, and these new offerings are innovative too.

The sector still needs to be regulated.

Amrit Dhami

associate analyst at GlobalData

“We believe Affirm Debit+ is not just the most significant debit card upgrade since its debut over half a century ago, but a truly game-changing idea that can help millions of people. to enjoy life with much less anxiety about spending and saving money,” said Affirm CEO Max Levchin.

Meanwhile, some experts are warning that consumers with multiple BNPL loans with multiple payment dates could find themselves spiraling into debt.

“The sector is still in dire need of regulation,” said Amrit Dhami, associate analyst at analytics firm GlobalData. “More transparency is needed to ensure consumers understand that they are accumulating debt through BNPL, which may negatively affect their credit ratings.”

Alvarez | Digital vision | Getty Images

The Consumer Financial Protection Bureau has opened an investigation into how BNPL lenders use consumer data and report that information.

The financial watchdog said it was particularly concerned about the impact of these programs on consumer debt accumulation, as well as applicable consumer protection laws.

“The problem is that when they use buy now, pay later for more and more expenses, including groceries and other in-store purchases, they can rack up a lot of debt,” the director of the CFPB, Rohit Chopra, in an interview with CNBC. .

The CFPB has yet to announce its next steps.

Subscribe to CNBC on YouTube.

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