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They've got money in the bank. $19B in current assets (assets which could, if needed, be converted to cash in a short timeframe) as of Q12014. Compare this to t
by omni 12y ago
They've got money in the bank. $19B in current assets (assets which could, if needed, be converted to cash in a short timeframe) as of Q12014. Compare this to their recent losses of $510M and $146M and you understand why they aren't really worried about those losses.
IS: http://finance.yahoo.com/q/is?s=amzn http://finance.yahoo.com/q/is?s=amzn
BS: https://finance.yahoo.com/q/bs?s=AMZN https://finance.yahoo.com/q/bs?s=AMZN
- MaysonL 12y agoWell, actually not so much, with $18B in current liabilities: i.e. money they are obligated to pay out pretty quickly, and almost $8B in other liabilities including long-term debt. EDITS: Note that they're really living off credit extended (not always voluntarily) by their suppliers: they have almost $17B in payables, and less than $4B in receivables. In other words, they're really slow payers. Also, note that their payables are more than twice their inventory!
- lifeisstillgood 12y agoThat's terrible !