DirtyP2002 said:
Farsala said:
Sony had a lot of money in the 80s of course. 3.2b in 1989 is like 6.5b+ today.
But I am looking at more recent things.
In 2012 Sony was in the middle of financial difficulties. They still made 5 purchases, including 1.88b (2.12b 2020) known from that list. As well as 2.47b (2.79b) in stakes.
Cash on hand 15.6b vs 10.8b debt.
It is 2020 now
Cash on hand 33b vs 8.9b debt.
https://www.macrotrends.net/stocks/charts/SNE/sony/cash-on-hand
I don't think a 7b purchase is outside the realm of possibility, though I think Konami definitely is.
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Well, there is so much more to consider than “Cash on Hand” vs Long Term debts.
What about short term debts? Or just check the link you provided an click on total liabilities. You might be shocked though!
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While pretty high. Assets still exceed Liabilities, and have maintained similar ratio these past few years. The ratio increased from 1.24 to 1.27 in 3 years. The situation seems stable enough. Microsoft is 1.64, much healthier for sure but not rosey like Activision at 3.11, which of course means Activision stocks are trending better than both MSFT and SNE.
Last edited by Farsala - on 22 September 2020