Funded Debt

Would you consider long term capital lease obligations within your funded debt definition?

Given it is long term in nature and accrues interests, I’m inclined to include.

Secondly, If a company has a 5YR working capital RCF, do you consider outstanding borrowings as funded debt?

I'm assuming working capital borrowings would not be counted as they would be expected to be repaid within the year.

 

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