RE: Annual Report Notes - Kusch"Unfortunately report says: Adjusted debt to adjusted total capitalization ratio 61%"
Thanks. That's a good point.
In that case, and despite the $3.4-billion cash position, Bombardier hasn't made as much progress towards paying down the debt as I'd hoped.
Value Line report stands corrected unless they have a different methodology for calculating debt-to-capital ratios because it's their latest report which places the debt at 54%.
With only a week, or less seperating the two reports it's hard to imagine how there could be such a large discrepancy between the two. On the other hand the annual report incorporates data only up to January 31, 2010. Do you think it is possible the Value Line report might contain data subsequent to that?