Assalamu alaykum
Could you please confirm whether I should be including liabilities marked as ‘derivative financial instruments’ as part of the interest-bearing debt ratio on a company’s balance sheet? I assumed so as having looked in the notes in the annual report, these seem to be accruing interest.
JzkAllahkher
Nawaaz
Wasalam
May Allah bless you.
Yes any interest bearing debt should be included.
And Allah knows best!
Barak’Allahu feek! I have also read on the forum that stocks should be screened quarterly- the majority of my holdings only provide half-year detailed income/asset/liabilities statements. Am I ok to review my holdings on a six-month basis? JzkAllahkher
Nawaaz
Yes if half year is the earliest report then you can do that.
And Allah knows best!