Interactive Investor

Share Sleuth's notepad: Finding hidden debt

Richard Beddard
Publish date: Thu, 31 Jan 2013, 10:17 AM

Without shops, a high street retailer has no business. Without planes, an airline can't fly. Whether the company chooses to lease the assets, or buy them outright, the risks are similar, but the accounting is different, and that can have a big impact on the appraisal of the company's profitability, financial strength, and value.

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