Michaels is the largest arts and crafts retailer in America. It all started with a single store in Dallas, Texas. In this video, learn about how Michaels became such a powerhouse company. Find out what sets it apart from its competitors. Michaels offers a wide variety of arts and crafts supplies, as well as classes and events for people of all ages and skill levels. Episode Outline (00:00) Introduction (01:46) Does the Company have enough cash to maintain its business? (07:33) Benefits (10:21) Cash Flow (11:36) Does a company have a reasonable debt level? (12:28) How does the management handle excess capital and what's their buyback strategy? (25:49) Margin Safety (26:50) Buyback and Debt. (30:25) Conclusion Value Investor Chatter Facebook: https://web.facebook.com/valueinvestor49 Twitter: https://twitter.com/valueinvestor49 TikTok: https://www.tiktok.com/@valueinvestor49 LinkedIn: https://www.linkedin.com/company/valueinvestor49/ Website: https://valueinvestor.org/ --- Support this podcast: https://anchor.fm/valueinvestor49/support