I was about to dispute you, but I looked at their financials

Mar 29, 2020
12:22:30pm

I'mBatman All-American

at least per Yahoo they only have 168 Million in Cash and 39 Billion in debt. I had no idea they didn't have more cash. I sold my stock at $110 for a small loss.

This message has been modified

Originally posted on Mar 29, 2020 at 12:22:30pm

Message modified by I'mBatman on Mar 29, 2020 at 12:22:58pm

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I'mBatman

Bio page: I'mBatman
Joined: Jan 27, 2006
Last login: May 4, 2024
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Messages

Author

Time

Disney potential bankruptcy

SouthernBlueBlood

3/29/20 12:03pm

Maybe they should lay some people off to cut costs. Start with Kathleen Kennedy.

KingDave

3/29/20 12:06pm

Do they really have that much money tied up in parks?

buffgato

3/29/20 12:08pm

Not just the parks. Movie industry is dead now. Cruise lines,

RalphWiggam

3/29/20 12:11pm

Fair point

buffgato

3/29/20 12:13pm

ESPN is Disney too, and it is dead as well

BYUCLA

3/29/20 12:13pm

So crazy considering how successful they were at the box office alone in 2019.

sammycoug

3/29/20 12:08pm

And with millions of Disney+ subscribers

WhirleyPop

3/29/20 12:09pm

So "borrowing" my son's Disney+ subscription is pushing them over the edge.

CougarThug

3/29/20 12:14pm

Net positive

Covid-19

3/29/20 12:09pm

Live look in on a certain CBer upon reading this post:

unctoothman

3/29/20 12:12pm

You referring to me or Cougarrr

Phred84044

3/29/20 12:20pm

Yes

Tokolosh

3/29/20 12:21pm

I said no names. I'm not calling any one out who isn't in this thread.

unctoothman

3/29/20 12:23pm

You know the mods are scary when even a mod is terrified of them

Odysseus

3/29/20 12:32pm

RE: You know the mods are scary when even a mod is terrified of them

unctoothman

3/29/20 12:59pm

RE: Live look in on a certain CBer upon reading this post:

Cougarrr

3/29/20 12:34pm

Disney won't go bankrupt. There have been rumors of Apple buying it

BIG XII Coug

3/29/20 12:21pm

Oh, good, only Tim Cook can make Disney a boring, uninteresting company

deliciousmocha

3/29/20 1:26pm

I was about to dispute you, but I looked at their financials

I'mBatman

3/29/20 12:22pm

How many months of operating does that pay for?

conetah

3/29/20 12:24pm

I'm guessing not even a month, just to pay their employees, let alone

I'mBatman

3/29/20 12:25pm

What are you looking at? Q4 2019 says $6.8 B in cash and cash equivalents

BIG XII Coug

3/29/20 1:29pm

I’d be curious what formula is being used to calculate those probabilities

Odysseus

3/29/20 12:22pm

Great, so they help kill theaters through draconian contracts and then manage

Gustav

3/29/20 12:24pm

I wonder how the local theme parks are holding up financially. Would Lagoon

mokelembembe

3/29/20 12:26pm

Would it be possible for Disney to release a new movie on Disney plus? Tens of

BYUfan92

3/29/20 12:30pm

Interesting idea. I think it could work

ThetaSigma

3/29/20 12:36pm

We just paid $20 to watch Onward

buffgato

3/29/20 12:43pm

You could've paid more at the theater

mwcoug

3/29/20 12:55pm

About the same actually, just 2 of us at home

buffgato

3/29/20 1:06pm

That surprises me. I thought Disney was swimming in cash.

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