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Preference shares

This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.

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December 8, 2016 at 7:31 pm #362424
abdulbasit16
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Sir for gearing purposes both, irredeemable and redeemable, preferance shares are to be treated as prior charge capital?
December 9, 2016 at 7:04 am #362516
John Moffat
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Irredeemable will normally be treated like equity, whereas redeemable will normally be treated like debt.
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