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> Tupperware listed $500 million-$1 billion in estimated assets and $1 billion-$10 billion in estimated liabilities How in the world do you accumulate $1B to $
by insane_dreamer 2y ago
> Tupperware listed $500 million-$1 billion in estimated assets and $1 billion-$10 billion in estimated liabilities
How in the world do you accumulate $1B to $10B in debt when you make plastic containers?
- linsomniac 2y agoMy guess would be: Private Equity
- pclmulqdq 2y agoThis level of debt is easy to get: $500 million financing a manufacturing facility plus floating $1 billion of accounts payable for materials. Nominally, if you have $1 billion of parables, you probably have at least $2 billion of receivables, though.
- initplus 2y agoWhat’s crazy is the range on the liability estimate. Maybe there is a good reason for it. But 1b-10b is an absolutely massive window?