When calculating total debt for leverage ratio TD/ebitda, do you add unamortized financing costs to total debt since it’s a contra account and lowers debt on balance sheet?
working on a company that adds unamortized financing costs to their total debt for their credit agreement leverage ratio, but I’m not sure if I should adjust TD for that or use as presented on BS.
| +148 | ONLY THESE BANKS OR YOU STRUCK OUT | 38 | 13h |
| +111 | IB Energy Drink Tier List / Ranking | 73 | 1d |
| +61 | Firm Thinks I'm Lying About Offer | 19 | 16h |
| +53 | Indiana University Fraternity Pipelines | 32 | 13h |
| +51 | Feedback for internship first desk at IBD BB - personal fit, "don't be too confident" | 29 | 2d |
| +39 | Stay at Weak Dealflow Team or Lateral? | 12 | 21h |
| +36 | Rogo AI | 14 | 11h |
| +34 | Elite Boutique interview questions | 8 | 1d |
| +30 | Suspended for a Year | 11 | 14h |
| +23 | 1st Half 2026 (1H26) RX IB & RX Co. Rankings | 14 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Repudiandae optio ratione iste nihil. Similique ut vero ut deleniti. Aut ab quia dolores quas maiores reiciendis hic.
A ut accusamus aut dolores. Illum sit animi et molestiae. Itaque accusamus animi et modi.
Ut quia mollitia molestiae ipsa odit eos voluptatem dolorem. Similique a officia error. Voluptas maiores possimus sunt nihil.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...