Janus Henderson: Company cash flow drops by 3% and hits record debt levels

Janus Henderson Corporate Debt index

clock • 3 min read

Companies took on almost $500bn of net new debt over 2022/23, while cash flow dipped by 3% from record highs in the previous year.

The latest annual Janus Henderson Corporate Debt index found the outstanding total of net new debt on a constant-currency basis now stands at a record $7.8trn, exceeding the 2020 peak. However, one fifth of the net-debt increase reflected large companies such as Alphabet and Meta simply spending large amounts.  BoE stress test shows UK banks are 'resilient' to 'severe' scenarios Total global debt, which excludes cash balances, increased by 3% on a constant-currency basis - around half the average pace of the last decade.  The research by Janus Henderson suggested that higher int...

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