GREY:LSTMF - Post by User
Comment by
JohnDDon Jan 20, 2015 6:48pm
138 Views
Post# 23341609
RE:Amount of debt outstanding
RE:Amount of debt outstandingJerrybe said: "What is exactly the debt position of the firm?"
My best estimate at year end is $1,582k. or about $1.6 billion.
This is based on the following
Q3 end = $1,557k
Increased credit line draw by $25 million based on recent NR
Q4 = 1,582 (1,552+ 25)
This assumes all AR and AP remains equal which is ikely not true, but w/o any better info. They could very well have used the increased draw to reduce AP, making the total debt less. We'll see.