Some are already mentioning bankruptcy.
How certain is that this could happen?
I don't believe it, but I didn't believe 2021 would be this bad at Citrix, and yet it's even worse than I could have imagined. I hope that doesn’t happen, but one should be prepared for the worst.
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Citrix YOY Growth: 13% (19% including Wrike)
... when a $2.25bn acq is doing 50% of your growth and the acq price was even way over what it should be
*Citrix Cash Debt: $3500 M
Citrix Annual Profit: approx $300M*
For startups or hyper growth companies the first two numbers may be okay.
Citrix YOY Growth: 13% (19% including Wrike)
For a company with low double digit growth and no major new streams of revenue, most likely not.
If there are breathtaking innovations happening, then yes you can bet on it’s future. Else betting on poker games won’t hurt too.
https://www.macroaxis.com/invest/ratio/CTXS--Probability-Of-Bankruptcy
There’s almost a 1/2 chance they do apparently. (42%)
Meh sounds like FUD