Musings on Markets

FEBRUARY 23, 2025

We can start with dollar value debt, with two broad measures gross debt , representing all interest-bearing debt and lease debt, and net debt, which nets cash and marketable securities from gross debt.

Equity 77

Equity EBITDA Risk Premium Gross Debt 77

Musings on Markets

JULY 18, 2025

Net Debt to Equity = (Debt-Cash)/ Equity Debt to Capital = (Debt-Cash)/ (Debt + Equity) All of these ratios can be computed using accounting book value numbers for debt and equity or with market value numbers for both.

Start-ups 76

Start-ups Book Value Equity Marketability 76

Andrew Stolz

FEBRUARY 1, 2022

As a result, 2020 revenue declined by 21% compared to its peak in 2017. However, net fixed assets shrunk by 36%, providing capital for profitable investments. Net fixed assets decreased as a result of its divestments. Its net-debt to equity ratio stood at 0.3x Rising profitability has more to give.

Technology 52

Technology Net Debt Marketability Equity 52

Musings on Markets

APRIL 20, 2025

It happened to Microsoft in 2014, Apple in 2017, Nvidia in 2018, Tesla at multiple times in the last decade, and to Facebook, at the height of the Metaverse fiasco.

Start-ups 136

Start-ups Marketability Price to Book Equity 136

Benzinga

MAY 13, 2025

through our acquisition of Fishers in 2017 with a vision to build a national platform for growth in a large, fragmented and attractive market. million and after adding back amortization of Acquisition-related intangibles On closing of the Acquisition, pro forma net debt / TTM Adjusted EBITDA will be ~3.3x We entered the U.K.

Dividends 40

Dividends Banking EBITDA Net Debt 40