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Who goes bankrupt with 9 bil in the bank?
by zmonkeyz 17y ago
Who goes bankrupt with 9 bil in the bank?
- vetinari 17y agoIt is not 9, but 7,5. And it is not in the bank, it is cash & equivalent (if they have it in the bank, the shareholders should be unhappy - the company does not know what to do with the money). They have also 26b in retained earnings. Do their shareholders get enough return on capital gain? (to answer myself: if you bought it 1 year ago, then yes; 2 years ago - no).