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kowenicki said:
Fusioncode said:
selnor1983 said:
@ fusioncode.

Sony owe more than 60 billion in debt. They posted another big loss.

I was saying good for xbox fans that we get more talented devs.

My opinions dont require your approval. And im not here to change your opinion. You need to chill a bit.

Complete bullshit. Sony is 17b in debt, not 60. That's exactly what I'm talking about, you keep spreading this crap that's not even true. 

Yes, $17bn debt is correct

With about $18bn in cash and short term deposits

Which is awful.

Total liabilities are $127bn, assets just $150bn. 

BUT... and it is a big BUT, net tangible assets are just $10bn, you know what?  that was $20bn two short years ago.  If it drops by the same amount again in the next two years they are technically insolvent.

Cash reserves also down by 30% (from $12bn to $8bn) in just two years.

They need to turn this around very very quickly.  Some of the posts in here about the Sony financial state are bewildering in their ignorance.

Thank you. All I wanted was a clarification on the number. 



Sigs are dumb. And so are you!