Is SMCP (EPA:SMCP) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved when a business collapses. We can see that SMCP S.A. (EPA:SMCP) does use debt in its business. But should shareholders be worried about its use of debt? Why Does Debt Bring Risk? Generally..