Gross debt is the total of the book value of a company's debt obligations. Net debt is the company's gross debt minus any cash and cash-like assets on the balance sheet. Net debt tells investors ...

Unless explicitly stated otherwise, debt is gross debt. Historically, WBD gross debt has been less than 10% larger than net debt ... 4% and 5% for the chart below. The market's valuation ...

Debt financing costs have jumped to ... to hit USD 13 trillion in 2025, nearly 80% of gross borrowing," the report said. "Meanwhile, net borrowing in 2025 is projected to remain around 2024 ...