The recent Christmas 2017 sales report for J.C. Penney implies that
improved sales should be a balm for optimists. Hard times are looming for
Very high debt. The company has about $7.5 billion
in total debt if you take total liabilities minus cash minus
receivables. J.C.Penney calculates outstanding long-term debt to be
about $4.06 Billions.
. . . more