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Why is net debt still an extremely significant indicator?

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Question added by Rashad Moursi , Financial and Administrative Officer & international Business Transformer, Hotel Owner Reprs. , Investment and financial
Date Posted: 2014/09/29
saraswathy chandrasekar
by saraswathy chandrasekar , ACCOUNTS EXECUTIVE , PEGASUS TRAVELS & TOURS P.LTD

Net debt is the indicator of financial position (surplus /deficit). It take into account the value of  many items on the statment of financial position. It is sum of all assets & liablilties . So the net debt is still an extremly significant indicator bcos it provides information about the affordability of future services.

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