Newell Brands: Debt Overview
Over the past three months, shares of Newell Brands (NASDAQ: NWL ) increased by 1.96%. Before we understand the importance of debt, let us look at how much debt Newell Brands has. Newell Brands''s Debt According to the Newell Brands''s most recent financial statement as reported on April 30, 2021, total debt is at $5.49 billion, with $5.13 billion in long-term debt and $357.00 million in current debt. Adjusting for $682.00 million in cash-equivalents, the company has a net debt of $4.81 billion. 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 Full story available on Benzinga.com
Newell Brands: Debt Overview
Over the past three months, shares of Newell Brands (NASDAQ: NWL ) increased by 1.96%. Before we understand the importance of debt, let us look at how much debt Newell Brands has. Newell Brands''s Debt According to the Newell Brands''s most recent financial statement as reported on April 30, 2021, total debt is at $5.49 billion, with $5.13 billion in long-term debt and $357.00 million in current debt. Adjusting for $682.00 million in cash-equivalents, the company has a net debt of $4.81 billion. 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 Full story available on Benzinga.com