Skip to main content
No. of Recommendations: 1

Just because the company took out the line of credit doesn't mean they actually got the money. Once the company actually borrows part of the line of credit, that amount will show up on the balance sheet as short-term debt. At that time, you would exclude whatever was in s-t debt from your Flowie calculation. Otherwise, the line of credit is mere potential.


Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.