Li Lu, a renowned fund manager, emphasizes that the greatest investment risk lies in the potential for permanent capital loss rather than price volatility. When assessing Altus Group Limited (TSE:AIF), its debt situation is crucial. As of June 2024, Altus had CA$305.3 million in debt, reduced from CA$334.4 million, and a cash reserve of CA$49.5 million, resulting in net debt of CA$255.9 million. Despite liabilities exceeding cash and receivables, Altus’s market capitalization suggests manageable debt. The company has a debt-to-EBITDA ratio of 2.8, indicating it can handle its current leverage, though monitoring its balance sheet remains essential.