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Terex Corporation’s revenue breakdown 2020. The US gov’t has increased its spending by over 50% in 2020 and 2021 compared to previous years. The company is likely to turnaround its loss in 2020 and recognize strong profits in 21E and 22E. The company started to reduce its long-term debt. Ratios – Terex Corporation.
While there is nothing inherently that makes one measure superior to the other, it is important to remember that gross debt can never be less than zero, but netdebt can, for firms that have cash balances that exceed their debt.
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