Member Info for Peoplepower1

What is the definition of Net Debt?

Net Debt is the sum of all Short Term Debt, Notes Payable, Long Term debt and Preferred Equity minus the total cash and equivalents and short term investments for the most recent reporting period.

Stockopedia have this net debt at £133m.

This is based on lease liabilities of £138.6m minus net cash of £5.6m making Stockopedia's net debt calculation of £133m.

T4g - So sorry, I think it was Stockopedia.

Stockopedia have a different way of calculating net debt to yours. So, in fact Stockopedia's estimated net debt of £72m was below the final net debt calculation from Stockopedia of £133m.

T4g - that was a combination from analysts on research tree.

WolfofWarks - it hasn't got the net debt wrong. Stockopedia include the lease liabilities of £138.6m minus the net cash of £5.6m which makes net debt of £133m. You may not agree with it. However, Stockopedia haven't got it wrong.

Their way of calculating net debt is different to yours.

And some more from the link because not everyone has the time to read the full link:-

In the world of investing, drowning in tons of information is a common operational hazard. However, with Stockopedia, things are made easier and more convenient.

The service does a fantastic job of providing complex data in a clear, straightforward, and accessible manner.

From my link about Stockopedia:-

Stockopedia began to spread in the UK market.

However, they are currently covering the primary stock markets around the world.

It introduces a form of stock data that top-notch stockbrokers and hedge fund managers utilize in educational and straightforward ways.

The good thing about this is that all their data and information comes from a reliable source – Thomson Reuters.

WolfofWarks - this was in reply to t4g's statement that one customer data record is worth £10.

Https://finmasters.com/stockopedia-review/#gref

WolfofWarks - that's your opinion.

I don't like Simply Wall Street, however, I do like Stockopedia. Stockopedia is based on Jim Slaters' Company Refs.

Quality sources like the Telegraph are too limited.

I prefer the Financial Times.

Hexam - I understand. I look at both.

For me, Stockopedia are providing the figures they think help investors to make decisions. Net Debt isn't the only figure Stockopedia provides.

Hexam - thank you. I can see the arguments for and against the Stockopedia's net debt of £133m for future lease liabilities versus the right of use assets that the company lease.

For me, I prefer the Stockopedia's net debt of £133m for future lease liabilities.

This is why I don't like to rely on Boohoo's own company accounts.

I prefer to rely on Stockopedia's accounts for Boohoo.

Scb - to make £850,000 for your Boohoo shares at £3.50 means you have hundreds and hundreds of thousands of Boohoo shares bought at £2 or less.

No wonder you absolutely hate anyone who posts anything negative about Boohoo.

Hexam - thank you. What is the £136.4m for on the balance sheet?

Hexam - so Stockopedia have included the lease liabilities of £138.6m minus the net cash of £5.6m for net debt of £133m.

What is the equivalent asset of similar size on the balance sheet?

Hexam - thank you.

What is the definition of Net Debt?

Net Debt is the sum of all Short Term Debt, Notes Payable, Long Term debt and Preferred Equity minus the total cash and equivalents and short term investments for the most recent reporting period.

Stockopedia have this net debt at £133m, rightly or wrongly.

Scb - don't forget your 650p share price target for Boohoo.

Scb - better to do that than hold on to your Boohoo shares from £2 all the way down to 34p.

Be careful when chasing rising share prices like Revolution Beauty.

They can come down much quicker than they went up.

Missguided had about 4m customers when it was sold for £20m to Mike Ashley.

This makes it £5 per customer if it was sold for its customer data. Or even less than £5 if the brand name was deemed to be worth domething or anything else for that matter.