Select Page
Duvell Boo asked 8 months ago

hi Victor,
can i say, when the Net Debt is in negative value, is considered as Net Cash, which means the cash on hand the company have at end of the year?
in the attachment, its considered as Net Cash 45M?

Attachments
2 Answers
Jieren Zheng answered 8 months ago

Hi Duvell,
Do you know what does the short term investment involves?

Victor Chng answered 8 months ago

Hi Duvell,
 
Sorry for the late reply. I totally miss out your post.
 
Yes you are right. Negative net debt can be consider net cash position. As what JR had ask above, you need to know what does the short term investment consist of for the company.