How to use this calculator
- Enter interest-bearing debt, cash and cash equivalents.
- Choose a display currency, then select Calculate. Results also update after a brief pause while you edit.
- Read the result with the assumptions below. Export details or save a second scenario to compare your choices.
Formula and method
Assumptions and limitations
Do not substitute all liabilities for interest-bearing debt unless that is your explicitly chosen definition.
Worked example
With interest-bearing debt = 250000, cash and cash equivalents = 40000, net debt is approximately 210000.
What the result means
Negative net debt indicates cash exceeds the entered borrowing; lease and restricted-cash treatment should be consistent.
Common questions
How should I interpret net debt?
Negative net debt indicates cash exceeds the entered borrowing; lease and restricted-cash treatment should be consistent.
What should I check before using this result?
Do not substitute all liabilities for interest-bearing debt unless that is your explicitly chosen definition.
Methodology and transparency
Calculation specification reviewed on 2026-10-14. Mathematical implementation is tested against independent reference fixtures. This does not imply review by a licensed financial professional. Read the testing and precision policy.