A growth gap, not a solvency gap

Uses of $2,141.6m through 2027 against $1,861.3m of cash. Interest coverage is 34x and no debt matures before May 2031. ESDS has already advanced approximately $124.3m, so prepayment is not hypothetical.
Chart: Shawarma CapitalSource: Shawarma Capital research; SHAZ 10-Q liquidity noteGet the data Download image