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bluefirebrand

> Sony has $20 billion of cash on hand as of December 2024

Sony is $28 Billion in debt as of 2024 too

> Microsoft has $70 billion of cash on hand

Microsoft has $62 billion in debt

> Apple has $53 billion of cash on hand

I'll leave the rest as an exercise for the reader

How much debt is Nintendo in? (Hint- It's insignificant)

Now you can do the usual capitalist moron MBA shit and moan about how debt is good actually, but frankly

Nintendo is Japans most successful company and Sony isn't even in the top 300

Nintendo is real, Sony is a paper tiger

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> Nintendo is Japans most successful company and Sony isn't even in the top 300

by what bizarro metric is Nintendo more successful than Toyota? debt to equity ratio is all you care about?

Successful may have been the wrong term, but Nintendo is (or was last year at least) Japan's richest company.

This is not a trivial thing

https://toyokeizai.net/articles/-/713322

> debt to equity ratio is all you care about?

All I care about? No, but you cannot so easily dismiss it either

Companies, even huge ones, that are highly leveraged are in a precarious spot. A competitor could simply buy them, a bad product launch could lead to investors pulling out and the company being parted out and sold... Many industries are littered with the remains of huge, "untouchable" companies that were vulnerable because of their debt load

Companies having savings and low debt load is good for the company and its employees actually

It is only bad if you are a hyper capitalist investor idiot who doesn't care about the long term success of the company and just want to extract as much wealth as you possibly can for yourself before leaving it to crumble

So toyota made more in net income last quarter alone than nintendo has in net cash, but they're less successful? Seems like a really weird metric.

They also have way more debt than Nintendo's net cash so?

Businesses may be comfortable operating in massive debt but it's clearly only sustainable for so long

Businesses operating under the kinds of debt loads they take on are what leads to irresponsible government bailouts to keep "key industries" from collapsing when they are unable to service their debt

Sure, Toyota is "successful" until it isn't, and then their debt comes due and they can't pay so it collapses

We should be encouraging more companies to be responsible like Nintendo

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