Below is a chart of Sony’s market cap value between September 2002 through September 7th, 2012.
- Sony’s Market Cap Value on September 2000:
$100 billion (Source: Bloomberg)
- Sony’s Market Cap Value on December 2007: $54 billion (Source: ycharts.com)
- Sony’s Market Cap Value on December 12, 2011: $18 billion (Source: Bloomberg)
Now lets skip to the most
recent day that the stock market opened on.
-
Sony’s Market Cap Value on September 7th, 2012: $11.69 billion (Marketwatch/Wall Street Journal)
-
Nintendo’s Market Cap Value on September 7th, 2012: $15.9 billion (Marketwatch/Wall Street Journal)
How bad are Sony’s Total Liabilities and Debt?
- Total Liabilities as of June 2012:
Total liabilities are the total amount of all financial obligations (short term and long term) of a company. This includes all creditor claims on company assets.
Electronic Arts Total Liabilities: $2.27 Billion
Google’s Total Liabilities: $21.33 Billion
Apple’s Total Liabilities: $51.15 Billion
Microsoft’s Total Liabilities: $54.91 Billion
Sony’s Total Liabilities: $135.61 Billion
Sony has more total liabilities than Microsoft, Apple, Google, and Electronic Arts combined.
- Total Assets as of June 2012:
Total assets include cash in the bank, property, accounts receivable (money owed to the company), equipment, and inventory.
Google’s Total Assets: $86.05 Billion
Apple’s Total Assets: $162.90 Billion
Microsoft’s Total Assets: $121.27 Billion
Sony’s Total Assets: $166.22 Billion
Compare Apple’s total assets ($162.90 billion) to Apple’s total liabilities ($51.15 billion).
Compare Microsoft’s total assets ($121.27 billion) to Microsoft’s total liabilities ($54.91 billion).
Now compare Sony’s total assets ($166.22 billion) to Sony’s total liabilities ($135.61 billion).
Since total assets include everything that Sony owns (cash, buildings, divisions, intellectual property, etc.)…
Sony would have to sell over 80 percent of their total assets (Total Assets = Every single thing Sony owns including cash) just to pay off their total liabilities.
If you combined the June 2012 total liabilities of Microsoft ($54.91 billion), Apple ($51.15B), Google ($21.33 billion), and Electronic Arts ($2.27 Billion), that would equal to $129.66 billion in liabilities. Sony would STILL have
$5.95 billion more in total liabilities than Microsoft, Apple, Google, and Electronic Arts
combined. It really paints a picture of just how out of control Sony’s total liabilities have become.
Just how bad are Sony's finances right now?
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Originally Posted by Goku1992
