Replies to post #320 on TMST, Inc., 8% Senior Notes (TMA.GB)

[Enterprising Investor]

Monthly Operating Report (8/2018)

Cash and Cash Equivalents were $60.953 million.

Total Assets were $56.13 million including a $6 million contra account for Investments in Subsidiaries. This would indicate negative equity in those subs. However, the account shares a footnote with Pre-Petition Liabilities - Unsecured Debt.