Sound like you’re accusing them of misleading the market. Somehow I don’t think what you’re alluding to in your statement would be legal.
Not at all, just highlighting that quoting liquidity figures is not always what it seems. It's completely legal, the company statement is that they have X cash available to them, which is true. What is also true is that if they then converted that option into actual cash they would be increasing debt, by that relative amount.
In simple terms, a business signs an agreement to borrow $3 billion to cover a downturn, they use $1.4 billion and have $1.6 billion still available to take if required. The $1.6b can be considered available cash, and since it has not been taken yet, its not considered a debt.