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Hi,
If a public company has more cash than its market capital, what does
that mean?
Mike
On Oct 2, 2:59 pm, Mike <m...@y...com> wrote:
> Hi,
>
> If a public company has more cash than its market capital, what does
> that mean?
>
> Mike
You mean market cap?
If so, it means nothing.
RL
On Oct 2, 5:59?pm, Mike <m...@y...com> wrote:
> Hi,
>
> If a public company has more cash than its market capital, what does
> that mean?
>
> Mike
It means they cooked the books
On Oct 2, 4:59 pm, Mike <m...@y...com> wrote:
> If a public company has more cash than its market capital, what does
> that mean?
It doesn't mean much other than it can pay its immediate bills.
For instance, it could have $20 million in cash, have a market cap of
$10 million, no other assets, and liabilities of $30 million.
A real example is GM which has $20.51 billion in cash and a market cap
of $5.11 billion, with liabilities exceeding assets by $57 billion.
--
Ron
"Mike" <m...@y...com> wrote in message
news:f9f25514-19ea-44e3-9f0b-7a05392d1893@64g2000hsm
.googlegroups.com...
> Hi,
>
> If a public company has more cash than its market capital, what does
> that mean?
>
> Mike
How many companies have more net cash than their market cap?
You are probably reading the balance sheet wrong. For example, brokerage
firms have lots of cash, but all the cash belongs to the customers, not to
the brokerage firm.
> "Mike" <m...@y...com> wrote in message
>> If a public company has more cash than its market capital, what does
>> that mean?
>>
>> Mike
That means you probably didn't look at their liabilities.......
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"Stocks drop on concern bailout won't help economy" - And a Nobel Prize is ready
The drama surrounding this bill is like a horror movie at the drive-in
$700B bill should require that not a penny goes into the US FRAUD "Market"
Who will pay the piper for this criminal short-selling ban?
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