Examlex
Explain how to open linked files and enable the content.
Total Indebtedness
The sum of a company’s short-term and long-term liabilities.
Financial Covenant
A clause in a loan agreement that requires the borrower to meet certain financial conditions, often used by lenders to protect their investments.
Net Worth
The total value of assets owned by an individual or corporation, minus any liabilities, indicating financial health.
Working Capital
Working capital is the difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.
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