Gross Debt Related Topics 
Benzinga
OCTOBER 27, 2022
The Company ended the quarter with total gross debt of $1.06 billion and net debt* of approximately $860 million. Net Income for the third quarter of 2022 was $33.6 million, or 7.2% of revenues. Non-GAAP adjusted EBITDA* was $92.1 million, or 19.8% of revenues.
Musings on Markets
FEBRUARY 27, 2023
While there is nothing inherently that makes one measure superior to the other, it is important to remember that gross debt can never be less than zero, but net debt can, for firms that have cash balances that exceed their debt.
Reynolds Holding
MARCH 16, 2023
While there are historical reasons why these markets developed in this way, it is possible that their underlying structure contributes to amplifying stress as it may impede efficient use of liquidity that is potentially available to the market. [2] 3] The lack of adequate dealer intermediation capacity is also a significant problem.
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