Examples of Financial Debt in a sentence
Dollars in thousands, except per share or unit data) (Unaudited) Financial Debt Covenants — Senior Unsecured Public Notes (1) A summary of the public debt covenant calculations and reconciliations of the financial components used in the public debt covenant calculations to the most comparable GAAP financial measures are detailed below.
Current assets and liabilities exclude all items classified as Net Financial Debt, such as Cash and cash equivalents.
Adjusted EBITDA, Capex, OpFCF and Net Financial Debt are non-GAAP measures.
The Net Debt reflects the actual borrowing situation and corresponds to the difference between the total Gross Financial Debt and the immediately available Financial Assets, in particular, Available and Short-term Financial Investments in negotiable securities.
Leverage Leverage is Net Financial Debt divided by Adjusted EBITDAaL for a rolling twelve-month period and is used to assess the indebtedness of Vantage Towers.