Quote:
Originally Posted by corporatejay
Being "in debt" is such a general and misleading term that it's ridiculous to get worked up about it, you need to dig much deeper to find out what someone's NAV is.
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Nobody's worked up about indebtedness, but the simple fact is that whatever anyone's NAV is, if that person has debt they are not debt-free. Even if your debt to equity ratio is very good, say 1:4 (like your example), you still have something on the debt side of the ratio. You are not debt free.