why yahoo finance show goog has 7 billion in debt?
how can it have 3 billion in debt? doesn't it have to pay interest on 3 billion debt, why does it have short or long term debt with those cashflows? is this fake financials from yahoo? doesn't makes sense considering the company has that much cash on it's book. is the debt b.s.
it weird because on the financials it says long term deb and accounts payable is 10 billion? google sells intangibles like advertising so it's hard t o trace the numbers or revenues etc. or audits it's books. but debt is debt. it shows 3 billion in LONG TERM debt not short term debt.
goog board of directors can issue new shares if ever needs cash only 2% share issuing is 5 billion and can be done in one day. no reason to be in debt long term debt and the interest rates is what at least 5%..bank interest rate is only 2% short term loans or 1-3 bond yeild only 2% lit T-bills. why does it even have so much cash for? it doesn't need to dividends so no need to keep cash.