Re:Tesla on track to smash targets after producing almost a ...
by svnt on Monday July 03, 2023 @09:31AM
(#36572628)
It is a more complete number to use. Unfortunately, debt (and equivalents, and even cash depending on its location) aren’t always or even often a simple addition or subtraction.
At the very least, compare enterprise value (market cap + debt - cash & equivalents), so that you are comparing leverage agnostic values.