haxxiy on 23 February 2024
| Farsala said: Afaik Square is doing pretty good lately, if not great. A recent article published about the top 300 richest companies in Japan, ie the companies with a lot of wealth and not much debt. Nintendo topped it at #1. But Namco Bandai was #25 and SE at #38. So top 3 in video games, SE remains. Their strategy has been doing quite well for them it seems. |
Cash in hand vs. debt ratio doesn't mean anything by itself (since due to interest rates debt can be 'cheaper' than paying it off), equity does.
Most of SE's financials are solid, anyway, albeit declining in the last couple of years. This might be their turnaround.
