OceanJ on 09 January 2013
Just how much Cash does Nintendo have, anyway? Let's figure it out.
Below is a table of Nintendo's Current Assets from their latest Financial Report (million yen):
| Cash and Deposits | 478,153 |
| Notes and accounts receivable-trade | 45,732 |
| Short-term investment securities | 402,446 |
| Inventories | 117,176 |
| Other | 136,760 |
| Allowance for doubtful accounts | (362) |
| TOTAL CURRENT ASSETS | 1,179,906 |
"Current Assets" just means what Nintendo has that can reasonably & readily be converted into Cash within about a year.
Cash & Deposits - Nintendo has 478,153,000,000 billion Yen in the bank. At today's exchange rates, that's about: $5,433,556,818.00 Billion U.S.
The other item we can add to Cash & Deposits, is Short-Term Investment Securities. We get:
880,599,000,000 Billion Yen...or about $10,006,806,818 (billion dollars).
Nintendo has a lot of money just sitting in the bank...
