ICStats on 28 February 2014
OP, the companies have different risk profiles.
Nintendo's core business is rather shitty now, but they have plenty of reserve money and not much debt. They can coast like this for a long time. Even if they make a loss like 2013 for 10 years, they will not go bankrupt, so I don't think Nintendo is at risk of going bankrupt.
Sony (which I support by the way) has lots of debt and lots of risk. They have more assets than Nintendo, but it's not liquid. They are at higher risk of cashflow problems, where they don't have enough cash to pay their debt. This is why their debt was reduced to junk status. Hopefully though they will manage their cashflow well and a default will never happen.
My 8th gen collection
