GAC - I knew someone would jump on me for that. You just look at debt from your personal view In the financial statements that accountants and big time investors look at, there are various types of debt that show that they have received funds from parties that they have not been able to make whole on. To prospective buyers or institutional investors, these are real numbers that show thew financial health or lack thereof of a company. At July 31st, they had a US$533.014 million shareholder deficit. You might say that means nothing but below is a definition of it.
"A shareholder deficit, also known as “negative book value” or “negative equity,” is a term denoting that a company has more liabilities than assets. ... Investors looking into a company's business standing have to consider this factor carefully to help them evaluate profitability."
They have a total shareholder deficit of US$194.301 million. From the perspective of more astute investors than us, they have a lot of a form of debt to be considered. Yes, it is a different form but is still on the books and a consideration.