Debt uses reported carrying amounts and separately reported finance leases; operating leases and trade payables are excluded. Net debt deducts only unrestricted cash and cash equivalents, excluding marketable investments. Bank borrowing includes reported repo funding. Equity uses the consolidated reported balance.
Debt components are shown separately. Missing components are not assumed to be zero or used to claim a complete debt total.
Complete, aligned source components are unavailable. Missing debt components are not assumed to be zero.
Unavailable or sector-inappropriate metrics are left blank. Proprietary company scores are not provided.
Current and cash ratios focus on near-term obligations. Debt, equity and refinancing needs describe a different part of financial risk. A single ratio cannot establish whether a company can withstand a downturn; business type and the maturity of obligations also matter.
Under the definition shown here, eligible cash exceeds recorded financial debt. This does not mean every liability has disappeared. Banks also fund operations differently from industrial companies, so their ratios need sector context. These figures are not a bankruptcy probability.
Valuations are estimates, not investment advice. Figures may use different source dates.
