> Nintendo is the smallest of the three and has no fallback option
Nintendo reportedly has $15 billion in cash, while PlayStation and Xbox are both marginal
Framing Nintendo as "the small one" is funny :)
Nintendo reportedly has $15 billion in cash, while PlayStation and Xbox are both marginal
Framing Nintendo as "the small one" is funny :)
Sony receives 38% of their revenue from PlayStation. Microsoft receives 8% of their revenue from Xbox. Apple's amount is four times larger than Nintendo, but insignificant to Apple. Nintendo, meanwhile, >90% at least comes from gaming-related activity (movie and toy licensing might be the exception).
Yes, Nintendo is the smallest, the most dependent on the industry, and it's not even close.
Sony is $28 Billion in debt as of 2024 too
> Microsoft has $70 billion of cash on hand
Microsoft has $62 billion in debt
> Apple has $53 billion of cash on hand
I'll leave the rest as an exercise for the reader
How much debt is Nintendo in? (Hint- It's insignificant)
Now you can do the usual capitalist moron MBA shit and moan about how debt is good actually, but frankly
Nintendo is Japans most successful company and Sony isn't even in the top 300
Nintendo is real, Sony is a paper tiger
by what bizarro metric is Nintendo more successful than Toyota? debt to equity ratio is all you care about?
This is not a trivial thing
https://toyokeizai.net/articles/-/713322
> debt to equity ratio is all you care about?
All I care about? No, but you cannot so easily dismiss it either
Companies, even huge ones, that are highly leveraged are in a precarious spot. A competitor could simply buy them, a bad product launch could lead to investors pulling out and the company being parted out and sold... Many industries are littered with the remains of huge, "untouchable" companies that were vulnerable because of their debt load
Companies having savings and low debt load is good for the company and its employees actually
It is only bad if you are a hyper capitalist investor idiot who doesn't care about the long term success of the company and just want to extract as much wealth as you possibly can for yourself before leaving it to crumble
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