Net Debt (SM.NetDebt)

Net Debt (SM.NetDebt) denotes the overall debt situation of an entity by netting the value of debts and other similar liquid assets. Net Debt can be calculated as Total Debt less Cash & Cash Equivalents and Short-Term Investments.

It can be represented as- “Total Debt (SM.TotalDebt)- (Cash & cash equivalents (SM.Cash&CashEquivalents)+ Short Term Investment (SM.STInvestments))”.