Remove Gross Debt Remove Marketability Remove Net Debt
article thumbnail

Altra Industrial Motion Corp. Announces Acquisition By Regal Rexnord Corporation

Benzinga

Upon completion of the transaction, Altra shares will no longer be listed on any public market. The Company ended the quarter with total gross debt of $1.06 billion and net debt* of approximately $860 million. Preliminary Financial Results. Revenue for the third quarter 2022 was $466.3 million, or 19.8%

article thumbnail

Data Update 6 for 2023: A Wake up call for the Indebted?

Musings on Markets

Note that this framework applies for all businesses, from the smallest, privately owned businesses, where debt takes the form of bank loans and even credit card borrowing and equity is owner savings, the largest publicly traded companies, where debt can be in the form of corporate bonds and equity is shares held by public market investors.

Equity 52