https://www.theinformation.com/articles/openai-forecast-shows-shift-from-microsoft-to-softbank
6 replies (most recent on top)
conflating liabilities with debt is a basic error, you are moving goalposts
Current and total are two separate liabilities. The point was, they aren't $100bn in debt.
Wrong. Microsoft now has $235,290,000,000 in liabilities. According to Microsoft.com.
Microsoft is not $100bn in debt. Thats their total liabilities which includes unearned revenue, accounts payable etc.
Current assets sit at $147,080
Current labilities sit at $108,882
Thats a current ratio of 1.35 which meants they have $1.35 for every $1 in debt. They are liquid and can cover that debt if needed.
Their cash ratio would be lower (0.66) which means they have $0.66 for every dollar of liabilities. Though it seems low, industry average for the tech sector is $0.20 to $0.50. The point is, the $100bn in debt argument is very wrong.
If only there was some super-intelligence that could have foreseen and prevented this.
Think positive. Everything will be ok