kowenicki said:
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!







