RE:Working capital ratiorad10 wrote: 1.76 to 1.33
54 million additional net debt.
Cash available diminished by 24 million.
I hope they know what they are doing.
No surprise the market puked on the equity.
Long debentures.
Dude, the real debt here is your debenture and the term debt. Production financing should not be counted toward the leverage ratio. Buyers will pay for that when the projects are delivered. If you think big players like Apple, Disney, Netflix, are going to default tomorrow, then you are crazy. If they cancel the projects then I guess they have to pay for the penalties for sure. At this stage, I have very little hope for HBO and degrassi. But you know what, they bought the library so that's our money for sure. If they cancel, we or they will sell that rights to other players and everything will be fine. In the mean time, they will have to pay for the fines for violating the contract if they cancel.
It would be great if you show me how do you calculate your WC ratio as well as debt/ebitda, debt/equity