Net Borrowings

CFA Level II
#1

Folks , remember that Net Borrowings for FCFE purposes is the change in long term debt . Don’t get confused with things like “Current portion of Long Term debt” and such. They don’t count. Just subtract prev year Long Term Debt from current to get Net Borrowings

#2

net borrowings also includes short-term debt.

#3

actually its debt issued less any repayments, yet it is captured in LT/ST Debt change, given 2 years of BS data you need both portions to see what was issued

#4

is current portion of long term debt equal to short term debt? i specifically remember in schweser they take diff between st debt and lt debt.

#5

one is bs and one is income. one is present value and one is amortization. I made a mistake in my post above , because I did not check. I used the notes of an Australian dude who was incorrect in his assumptions . I apologize sincerely

#6

so what is included in NB. LT debt - definitely ST debt - definitely Current portion of LT debt - no?

#7

Changes in LT Debt and Changes in ST Debt. No need to check if current or not. i.e. use balance sheet for two years and do a couple of subtractions , don’t look at income to see where it goes.

#8

janakisri Wrote: ------------------------------------------------------- > one is bs and one is income. > > one is present value and one is amortization. > > I made a mistake in my post above , because I did > not check. I used the notes of an Australian dude > who was incorrect in his assumptions . I apologize > sincerely james cox??? check whether he passed first b/f you use his notes.