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Subject:  Re: What is debt? Date:  5/10/2005  8:05 PM
Author:  Rockythecat Number:  1550 of 2244

"Hi Rocky!

"This isn't just as simple as it sounds, so I looked into one of my favorite websites:

"And I asked: "what is debt?" I'd like to tell you it is,... well if this, ummm, It depends,... So I just copied the various results for YOU to check out!"


Thanks, hildy. I was trying to figure out what terms that appear on the balance sheet signify debt. I intended to use this to calculate some ratios, like the debt/equity ratio, for example. Your reference mentions the debt/equity ratio, but uses total liabilities to indicate debt. However, I have seen elsewhere that total liabilities include a lot more than total debt, so I remain confused. But thanks for your efforts to deconfuse me.--Rockythecat

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