What Does Donaldson''s Debt Look Like?
Over the past three months, shares of Donaldson (NYSE: DCI ) moved higher by 6.42%. Before we understand the importance of debt, let us look at how much debt Donaldson has. Donaldson''s Debt Based on Donaldson''s balance sheet as of March 2, 2021, long-term debt is at $495.10 million and current debt is at $22.40 million, amounting to $517.50 million in total debt. Adjusted for $207.30 million in cash-equivalents, the company''s net debt is at $310.20 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the portion Full story available on Benzinga.com
What Does Donaldson''s Debt Look Like?
Over the past three months, shares of Donaldson (NYSE: DCI ) moved higher by 6.42%. Before we understand the importance of debt, let us look at how much debt Donaldson has. Donaldson''s Debt Based on Donaldson''s balance sheet as of March 2, 2021, long-term debt is at $495.10 million and current debt is at $22.40 million, amounting to $517.50 million in total debt. Adjusted for $207.30 million in cash-equivalents, the company''s net debt is at $310.20 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the portion Full story available on Benzinga.com