Nintendo currently has $4.7 billion in the bank

[Baalzamon]

czecherychestnut said:

Baalzamon said:

For those looking for the in between numbers, here you go (in Yen, with some rounding done for my calculations):

	2010	2011	2012	2013	2014
Current Assets	1.59T	1.47T	1.14T	1.19T	1.02T
Total Assets	1.76T	1.67T	1.37T	1.45T	1.31T
Current Liabilities	407.54B	333.3B	155.44B	194.48B	155.65B
Total Liabilities	424.4B	352.44B	177.38B	220.36B	187.97B
Total Assets less Liabilities	1.34T	1.32T	1.19T	1.23T	1.12T
3/31 Exchange Rate	.0108	.0121	.0122	.0106	.0097
Effective Total Assets less Liabilities in Dollars	14.47B	15.97B	14.52B	13.04B	10.86B

The company really isn't in a bad position. The main reason their cash is so much lower in US dollars is nothing other than the exchange rate.

Excluding exchange rate (looking solely at Yen) that is still a 17% drop in effective assets minus liabilities since 2010 (effectively the company has shrunk 17%), which is a large drop for a company that until a few years ago had never made a loss. Most of that loss has been since 2011. Definitely not 'Nintendo is broke' territory, but it's concerning. 

Well, considering revenues have halved, what they have maintained is impressive. But you also have to understand you are looking at a video game company that is going to have WILD variations if a single console doesn't work out great. The decrease in last year is almost completely from stock repurchases.