49 billion assets and 42 billion liabilities. This company is obviously in really poor condition if it's carrying so much debt.
PS, I have the chat transcript from my chat with TW support in India. You people should be ashamed of yourselves holding stock in this company who steals jobs from Americans and gives it to dumb indians in India. The chat proves what incompetent #$%$ they are and the entire organization. She didn't even have a phone in the OFFICE!! What #$%$ poor conditions they have and yet the stock is way overvalued, even if it was $10 per share. Do the math folks, this stock is pure crap because the product is crap and the balance sheet is crap.
I agree. TWC is the pits. Their telcom monopoly is unacceptable. I too am going to short this stock when prices begin to break down. Only way to recoup the ripoff they perpetrate on forced subscribers.
According to Google Finance, they have a debt:equity ratio of over 3x. If this is true, then they are way overleveraged but I guess they can get away with it if they are in cahoots with the other telcoms.