What is debt and what is not, can very quickly end up being a spiraling discussion. So, to each his own when it comes to what they want to consider as ‘debt’ and what not. Few may consider even ‘Account Payables’ as debt because it too is a ‘Liability’ which the company needs to fulfill, akin to ‘Lease Liabilities’
The question was specific to ‘Long Term & Short Term’ Borrowings/Debt. These borrowings have a periodic interest payment associated with them along with some asset collateral (based on debt structure). This isn’t always the case with ‘Lease Liabilities’.
As for my question regarding the Screener query, hope there is a way to exclude ‘Lease Liabilities’ from ‘Long Term & Short Term’ Borrowings/Debt so investors can calculate the plain vanilla ‘Debt/Equity’ ratio (which was the case all these years)!
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