RE: 13th Oct - 22 Year End Trading Update23 Sep 2022 12:34
From simplywall.st
"The latest balance sheet data shows that easyJet had liabilities of UK£3.99b due within a year, and liabilities of UK£3.91b falling due after that. Offsetting these obligations, it had cash of UK£3.51b as well as receivables valued at UK£336.0m due within 12 months. So its liabilities total UK£4.05b more than the combination of its cash and short-term receivables. "
OK about net debt, but what about long term liabilities in the current scenario of reduced demand?
Again, the question for me is simply about the percentage risk of a new rights issue. If that is low, then the SP will definitely recover in the next few years, but I struggle to put a number on that risk. Any (constructive and informative) comment on this is welcome