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Yeah, I don't know about these lists. Cargill valued at 40bn when wikipedia says they own 60bn in assets and profiting... https://en.m.wikipedia.org/wiki/Cargi
by gota 6y ago
Yeah, I don't know about these lists. Cargill valued at 40bn when wikipedia says they own 60bn in assets and profiting...
https://en.m.wikipedia.org/wiki/Cargill https://en.m.wikipedia.org/wiki/Cargill
- qeternity 6y agoCargill is an agritrader. They are a big company but definitely not as valuable as Stripe (look at some of the other ABCDs). Trading businesses never get high valuations. But they throw off real cash. Different strokes for different folks.
- tryptophan 6y agoTrue. They don't get high valuations because their earnings fluctuate a lot, and their average profit margin is like 1-3%, as compared to like stripe or apple which probably has like 30%.
- nl 6y ago> Cargill valued at 40bn when wikipedia says they own 60bn in assets and profiting This is true, but it's unclear how much debt they are carrying, and a quick Google couldn't find out.