ROTFLOL Based on your calculations, if a company has more cash, they have more debt.
Your calculations are wrong, I hope you can see where you went wrong. The correct formula is below.
Net Debt = (Short-Term Debt + Long Term Debt) - (Cash and Cash Equivalents)
I was simply highlighting that NWH had a strong cash position. Debt to equity ratio was also 9.1%. I suggest you do more research before you make another foolish statement.
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Last
$3.17 |
Change
0.050(1.60%) |
Mkt cap ! $1.449B | |||
| Open | High | Low | Value | Volume |
| $3.16 | $3.18 | $3.12 | $1.914M | 605.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1700 | $3.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.18 | 6000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| NWH (ASX) Chart |