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Facebook is now a cash cow making $40 billion of EBITDA and $20 billion of net income annually. They have ~$20 billion of net debt or about one years worth of e
by thoughtstheseus 3y ago
Facebook is now a cash cow making $40 billion of EBITDA and $20 billion of net income annually. They have ~$20 billion of net debt or about one years worth of earnings.
Debt investors likely believe the company can handle a higher debt load.