# ASC 470-20-30: Debt — Debt with Conversion and Other Options — 30 Initial Measurement Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/470/20/#30-initial-measurement) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:4ddd57e9bff3cf05b712963e354f09a42935173e0c3839210ae27a507435a4dc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 470-20-30: 30 Initial Measurement [Read section](https://asc.understandingaccounting.org/asc/470/20/#30-initial-measurement) SEC content: no #### Debt Instruments with Detachable Warrants ##### [470-20-30-1](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:3b5daa760595f2f1b9ddb0ed0e487454dcd29b0d517903c3ba6e260b3db2e6b0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The allocation of proceeds under paragraph [470-20-25-2](https://asc.understandingaccounting.org/asc/470/20/#470-20-25-2) shall be based on the relative [fair values](https://asc.understandingaccounting.org/glossary/f/#fair-value "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.") of the two instruments at [time of issuance](https://asc.understandingaccounting.org/glossary/t/#time-of-issuance "The date when agreement as to terms has been reached and announced, even though the agreement is subject to certain further actions, such as directors' or stockholders' approval."). ##### [470-20-30-2](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:9fc5cb60b810fa947217cd3bbfc25fe3e0a34a9560781be15fc557c1a93cb8a1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. When detachable warrants (detachable call options) are issued in conjunction with a debt instrument as consideration in purchase transactions, the amounts attributable to each class of instrument issued shall be determined separately, based on values at time of issuance. The debt discount or premium shall be determined by comparing the value attributed to the debt instrument with the face amount thereof. ##### [470-20-30-3](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:1bc18797439021fda7224a1bcfa5a0d85bb79dce21fa163e033c580120f96251 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-4](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:4c622aaa96e82155970df30e04c396c7e07d0893e1974c1ef9c2f5c02995d570 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-5](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:439c3ffe03a6ca57ee248ca957dbd0bc530b15ae9c0043b41fb6d7940866b1e1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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[Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-7](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-7) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:57e92269dc3b6109d7102edf1fa95a0e9dba57dced7154f5a7f4c92628fc1fb9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-8](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-8) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:55c9cfb8aab40cfdf332fca9f803038adff5a9ff2e4a7aabe07bcba9121fed80 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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[Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-10](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-10) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:ec11d485e9b8acea6d472f9b2fb056e27f1764cf26b1b518a982350d145ebde4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-11](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-11) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:0178ebdf932d88b8e61bd58f777cc95f8552d4cd2dfc5d26fab5facbb70889f9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph not used](https://asc.understandingaccounting.org/updates/page-1833002/). ##### [470-20-30-12](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-12) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:cf37dcc0759aa2609b24fe8605242f7a8d8f76023428801294ade6a910b94d61 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-13](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-13) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:1a8863c9ab9ae70c871c291d57e4948e32ec24d708ba5469be210218e31bf35c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-14](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-14) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:f77b3a018c8a0e4da76281a2fad04e076a9f8e8c0b812e3054e01b8aa9ed73d0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-15](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-15) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:3c3975db265fba0e15162b0b88208aec16447ff18501fb390b6e0673b0bac108 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-16](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-16) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:792ae45e0fd39be992284def610d2a690334d1b0f95eb5a85a70b09fe32196a1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-17](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-17) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:9c20f3c2308f45e3d13856b739d29664ebf32f26d934ed942dc416d02e6210c6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-18](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-18) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:d7d1694f90831ce733a3957e57db51406697911cfe598c6a8066ecb6e6677da2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-19](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-19) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:58fb8a22e4348efaeab32a00beb4447648b191c5241fc2bc2754668b7c738e4d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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[Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). ##### [470-20-30-25](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-25) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:ada74e13f57c2ac7b679fac413a433611054a43bf71018eb49c43a43a13057e7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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[Paragraph superseded by Accounting Standards Update No. 2020-06](https://asc.understandingaccounting.org/updates/asu-2020-06/). #### Own-Share Lending Arrangements Issued in Contemplation of Convertible Debt Issuance ##### [470-20-30-26A](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-26A) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:1adb4685455842a375e5b2d5ccbcffe9381e5f8c0ecba581fd79251a8757d159 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. At the date of issuance, a share-lending arrangement entered into on an entity's own shares in contemplation of a convertible debt offering or other financing shall be measured at fair value in accordance with Topic 820. ### Cash Conversion ##### [470-20-30-27](https://asc.understandingaccounting.org/asc/470/20/#470-20-30-27) Pending content: no Source downloaded (UTC): 2026-09-10T00:31:25.111Z to 2026-09-10T00:31:25.111Z Record version: sha256:e592f53a46896182f7221195acb492e7240ee4f2e9fff3df3430e7d957bb8b74 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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