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I think you've got a mistake with how you've figured in liabilities. They should be subtracted from assets, not market cap. So, using your numbers, the differen
by curun1r 12y ago
I think you've got a mistake with how you've figured in liabilities. They should be subtracted from assets, not market cap. So, using your numbers, the difference is closer to $10b, not $17b.
- skuhn 12y agoYou're right, I adjusted the numbers a bit. That leaves $9.7bn of free money laying around, if you can get at it. (minus taxes and discounts on the value, etc.)
- apercu 12y agoCorporations don't pay tax. Sheesh. ;)
- ricardonunez 12y agoYou also forgot to include the money you have to pay for the lawsuits you will get for doing it. /j
- mikeryan 12y agoAfter 9.7B in "profit" those legal bills as significant as they could be would just be a rounding error.