Proceeds from convertible debt

Cash proceeds from issuing convertible debt.

Worked example · a round-number company

Proceeds from convertible debt$1.0B÷Revenue$5.0B=Share of revenue20.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%

How to read it

↕Neither higher nor lower is better. Shows financing raised through debt that may convert into equity.

Keep in mind

  • Not total debt issuance; issuance costs and other borrowings can be reported separately.