| DirtyP2002 said: Wow talking about surviving in such a context... so Sony is in the same situation like Ford, Chrysler and General Motors? Is there a possibility that sony has to be closed? I actually can not believe I am asking this question.
Don't know how much equity is left after this year. |
Last I checked, they had around $7 billion in cash. They have much more than that in other assets (office buildings, factories, intellectual property etc.), but the value of these assets might turn out to be smaller than they think if they sell them during the current economic conditions.
Anyway, $7 billion in cash doesn't last for very long in a company with their dimension if their small profit margins turn into small/medium loss margins. Finding creditors is not easy either, since they already have more than $10 billion in debt (checked in google finance). Who in their right mind will lend Sony a lot of money before they prove they can restructure their company for profitability?
My Mario Kart Wii friend code: 2707-1866-0957
