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
bluefirebrand|10 months ago
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