Game_4_Anything on 24 August 2009
| kowenicki said: liabilities... hmmm? you do know that sony has 513 billion in yen out in the market via corporate bonds... ? all has to be repaid someday. |
513b yen = $5.4b*
Sony's total assets = $230.5b
Sony's total equity (assets - liabilities) = $50b
Sony are not about to go bankrupt by any stretch of the imagination. Pointing out that Microsoft are bigger is a bit redundant. I don't think anyone would ever dispute that. They do have less assets and lower equity, though.
* straight currency conversion at current rates.
