Remove Discounted Cash Flow Remove EBITDA Remove Gross Debt
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Data Update 8 for 2025: Debt, Taxes and Default - An Unholy Trifecta!

Musings on Markets

That is where the cost of capital, the Swiss Army Knife of finance that I wrote about in my sixth data update update , comes into play as a debt optimizing tool. Note that the divergence between book and market debt ratios in the last two columns varies widely across sectors and regions.

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