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NII Holdings Inc. Message Board

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  • dodilligence dodilligence Aug 27, 2012 10:01 AM Flag

    4.62B debt?!?! NIHD is technically bankrupt

    You don't know much. To be bankrupt, a company is unable to pay their debts as they come due. You probably can't understand that because its kind of hard. In simple terms, if you can't pay your bills every month, then you could go bankrupt. NIHD has little in the way of debt payments compared to their $2 billion in cash on hand. Companies don't go bankrupt when they can easily pay their bills. Try to read a book on basic finance and don't act like you know anything when you write. Better to ask questions, then look like an idiot.

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