TSX:CUS.DB.D - Post by User
Comment by
BlueCollar51on Mar 12, 2015 12:27am
227 Views
Post# 23512354
RE:RE:RE:Net Debt Calculation
RE:RE:RE:Net Debt Calculation2) Accounting mumbo jumbo: Your explanation about it being accounting mumbo jumbo does not make sense to me. While accounting rules may sometimes seem convoluted, they are explicit and they always make sense when you do the math. I do not see the math in how the balance sheet amount of convertible debt is calculated. If anybody can help me understand that point it would be much appreciated
Read more at https://www.stockhouse.com/companies/bullboard/t.cus/canexus-corporation#QhchxG6CjlXmSZGV.99
If you want to understand the math used to value the Converts on the balance all you have to do is GOOGLE
“Jump-Diffusion convertible pricing model” and you will get results like these;
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2273296
https://www.tandfonline.com/doi/abs/10.1080/14697688.2014.935464#.VQER5OG0dWw
Good Luck and Have Fun !! It looks like “Mumbo Jumbo” and a guaranteed headache to me !!