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kod | 10 months ago

So toyota made more in net income last quarter alone than nintendo has in net cash, but they're less successful? Seems like a really weird metric.

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bluefirebrand|10 months ago

They also have way more debt than Nintendo's net cash so?

Businesses may be comfortable operating in massive debt but it's clearly only sustainable for so long

Businesses operating under the kinds of debt loads they take on are what leads to irresponsible government bailouts to keep "key industries" from collapsing when they are unable to service their debt

Sure, Toyota is "successful" until it isn't, and then their debt comes due and they can't pay so it collapses

We should be encouraging more companies to be responsible like Nintendo