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I would wonder the same about Apple (or other), IF Posted by MI-Roger [Email] (#882) [Profile/Gallery] (more from MI-Roger) on Fri, 19 Feb 2016 12:43:05 In Reply to: Re: Healthy Companies Use The Bond Market, Keith [Profile/Gallery] , Fri, 19 Feb 2016 11:03:15 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Their cash reserves dropped 20% in one year.
This reduction in cash reserved occurred in the same year they earned record profits.
They issued high interest 30 year junk bonds to pay a single current year debt.
I realize companies weigh the pros and cons of using new debt, new equity, or cash reserves for such decisions. Their choice indicates that expenses are far too high and raises the question of what will happen in a future reduced income year.
->Posting last edited on Fri, 19 Feb 2016 12:43:59.
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