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Strategies & Market Trends : Ride the Tiger with CD

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From: LoneClone8/9/2022 2:56:26 PM
6 Recommendations

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As I read through quarterly reports, I am becoming increasingly annoyed at companies reporting something they call 'net debt'/ I don't care what your 'net debt' is, I care what you actual debt is, as well as your actual cash balance and actual working capital.

Some companies confine themselves to telling us their net debt without including actual debt in their PRs, making me have to go dig into their M&A to get that most basic of data. I am starting to think that this should be treated as a red flag, an avoid.

LC
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