Debt position
when taking the debt position of a company for comps do you what debt do you look at on the b/s. Do you look at the covertible debentures? Thanks
when taking the debt position of a company for comps do you what debt do you look at on the b/s. Do you look at the covertible debentures? Thanks
Career Resources
depends if the converts are in the money - if they're in the money treat them as dilutive instruments (e.g. options), if they're not in the money (if current stock price comps (e.g. operating leases, etc.)
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