3 ms·
Maybe smaller companies, but large ones carry a lot of debt because it’s cheap. Google has $28B in debt.
by refurb 4y ago
Maybe smaller companies, but large ones carry a lot of debt because it’s cheap.
Google has $28B in debt.
- ulfw 4y agoWhich they can pay all back TODAY if they want to. Not tomorrow, not in 10 years. Today. That's how much money they have in the bank.
- refurb 4y agoThat doesn’t change anything. The question was “do they hold debt”. Debt has major tax benefits to it. That’s why companies who don’t really need to issue debt, do.