Geared-up Collins has places to go

The restaurants group has taken on more debt to fund an acquisition and to expand its network of KFC and Sizzler outlets.

Many listed companies remain all cashed-up and lowly geared, and they’re happy to stay that way.

Corporate Australia followed global peers in shedding debt during the global financial crisis, and fear has prompted some managers to batten-down the hatches and fatten up their balance sheets by accumulating cash.

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