Hello. Debt is not a problem when it (the interest expense) can...

Hello. Debt is not a problem when it (the interest expense) can be serviced. While ideally the debt of RPM could be lower (because the interest expense certainly reduces cash flow), the problem with this company appears to be cash flow. The operating cash flow in the past is largely used up in capital expenditure. For 30/6/24, i guess RPM will report at least a $4M NPAT. If RPM had $2M in cash flow to spare from this $4M profit to pay a $0.008 dividend for 250 million shares, at 11 cent share price, the dividend yield before tax would be 10%. RPM is a profitable company but its cash flow appears not enabling it to pay a dividend.