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Author: Fooloi Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3913  
Subject: Interest Expense and Subordinated Debt Date: 5/26/2000 6:39 AM
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Hello, have a couple quick questions:

Is interest expense debt, and should I add it to the debt that is listed on the balance sheet?

And what is "subordinated debt""?

Alot of times I come across things like the above and dont know if I should add them to the debt that is clearly listed, ("long-term debt" and/or "short-term debt"), or not b/c may have already been added.

Also, if a company says it has, say $5M in a bank-line of credit with a bank and they state that, "4M of it is unused." Does the 1M that IS being used and its interest count as any kind of debt and should it be added as such?

Thanks so much!
OI
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