Net Debt, Last Yr

What is the definition of Net Debt, Last Year?

Net Debt is the sum of all short term debt, and notes payables, Long Term debt and preferred equity minus the total cash and equivalents and short term investments for the most recent annual period. NOTE: This item is reported only for Industrial, Utility & Banking companies.

Stockopedia explains Net Debt, Last Year...

Net debt is the level of debt remaining assuming all cash and equivalents were used to immediately pay of debt. A negative number means more cash than debt.