3 ms·
It's fair that you edited out the confused commentary, but I'll leave this note that cash is an immediate/near-term asset and long-term debt is a long-term liab
by __derek__ 4y ago
It's fair that you edited out the confused commentary, but I'll leave this note that cash is an immediate/near-term asset and long-term debt is a long-term liability. Duration mismatch is important for a company that attempts to maximize free cash-flow.