A Look Into MSC Industrial Direct''s Debt
Over the past three months, shares of MSC Industrial Direct Co (NYSE: MSM ) decreased by 2.08%. Before having a look at the importance of debt, let us look at how much debt MSC Industrial Direct Co has. MSC Industrial Direct Co''s Debt According to the MSC Industrial Direct Co''s most recent financial statement as reported on April 7, 2021, total debt is at $684.37 million, with $461.69 million in long-term debt and $222.68 million in current debt. Adjusting for $20.24 million in cash-equivalents, the company has a net debt of $664.12 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 Full story available on Benzinga.com
A Look Into MSC Industrial Direct''s Debt
Over the past three months, shares of MSC Industrial Direct Co (NYSE: MSM ) decreased by 2.08%. Before having a look at the importance of debt, let us look at how much debt MSC Industrial Direct Co has. MSC Industrial Direct Co''s Debt According to the MSC Industrial Direct Co''s most recent financial statement as reported on April 7, 2021, total debt is at $684.37 million, with $461.69 million in long-term debt and $222.68 million in current debt. Adjusting for $20.24 million in cash-equivalents, the company has a net debt of $664.12 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 Full story available on Benzinga.com