Net debt
Net debt is a company's total financial debt minus its cash and equivalents. It reflects real leverage: a company with a lot of debt but also a lot of cash is less leveraged than it looks. It is usually read divided by EBITDA, to gauge how many years of operating profit it would take to clear it; above three times, room for manoeuvre narrows.
In the terminal
Income statement, balance sheet and cash flows by fiscal year or quarter, with the change in every line and its trend.
See the full glossary · What the Celsmar financial terminal is
Definition for informational purposes. It is not financial advice nor a recommendation to buy or sell.