标题: is note payable part of net working capital or total debt? [打印本页] 作者: bigredhockey55 时间: 2011-7-13 15:31 标题: is note payable part of net working capital or total debt?
is note payable part of net working capital or total debt?作者: giorgio10 时间: 2011-7-13 15:31
Debt
NWC = changes in A/P - A/R - Inv
Edited 1 time(s). Last edit at Tuesday, May 31, 2011 at 08:19PM by ZeroBonus.作者: spreads 时间: 2011-7-13 15:31
Damil4real Wrote:
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> is note payable part of net working capital or
> total debt?
No notes payable, no cash, no s.t. debt, no current portion of l.t. debt.
Notes payable goes in netborrowing, which you need for FCFE.作者: mengxu 时间: 2011-7-13 15:31
Dreary Wrote:
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> Damil4real Wrote:
> --------------------------------------------------
> -----
> > is note payable part of net working capital or
> > total debt?
>
>
> NWC = (Delta A/R + Delta Inv) - (Delta AP + Delta
> deferred expenses)
>
> No notes payable, no cash, no s.t. debt, no
> current portion of l.t. debt.
>
> Notes payable goes in netborrowing, which you need
> for FCFE.
It's already minus in the formula.作者: luda002 时间: 2011-7-13 15:31
In the FCFF/FCFE formulas you are subtracting NWC.
WC = CA - CL
NWC = Change in CA - Change in CL
NWC = (change in AR (could be plus or minus) + change in Inv (could be plus or minus) + .... )
- (change in AP (could be plus or minus) + ....)作者: bdavi77962 时间: 2011-7-13 15:32
