MikeB's past predictions

[NJ5]

Game_4_Anything said:

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.

Actually Sony's equity is 3 trillion yen or $31.7 billion according to their last financial report:

http://www.google.com/finance?fstype=bi&q=NYSE:SNE

$130b in assets and $100b in liabilities.