this post was submitted on 04 May 2026
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[–] Arghblarg@lemmy.ca 9 points 2 days ago (2 children)

Big corps always wave away debt if they can pay it off via revenue, or future promises of revenue, or ... reasons. Why is it different here? Honest question. They have more cash on hand, it seems, than their current debt, so could pay that at any time. Why is it a true liability?

It's not different here, debt is debt, you might say "despite the debt it's a good stock" or something like that but you don't pretend $4B in debt just doesn't exist.