19

Was discussing with others GME's cash holdings, and how usual or unusual that was amongst prominent companies.

Cash holdings alone don't say much about the health of a company. More relevant questions include where the cash came from, and what they are planning to spend it on. If a company doesn't effectively grow than a large cash position can be more of a liability than an asset.

I was curious about the ratios, pulled numbers online and just sharing it here for others. GME has a fairly large cash position compared to its market cap in this sample size, with General Electric standing out as a notable and large outlier with over half it's market cap available in cash.

you are viewing a single comment's thread
view the rest of the comments

Wow, that's interesting.

this post was submitted on 24 Aug 2023
19 points (91.3% liked)

DRS Your GME

1229 readers
2 users here now

ΔΡΣ Central

Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

Have a great idea to spread the word? There are some resources here to get started!

https://www.drsgme.org/free-resources

founded 1 year ago
MODERATORS