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HYBE found out to be in debt of $9.5 Billion dollars
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source?
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Memes💀
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Memes💀
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lol wut? Their total liabilities are about 1.3 billion USD and their long term debt is way less than that. They have plenty of assets and cash to cover all their debt.
Screenshot 2023-02-27 183317.png
Look at those quick and cash ratios, anything near or above 1.0 is healthy, and they are way above that.
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this was a troll thread💀
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this was a troll thread💀
Regardless, even troll threads stumble upon the truth.
They've been swimming in debt for a few years. To say the debt to equity ratio is alarming is an understatement. Reckless might be the word. Their earnings are forecasted to grow significantly slower than the KR market.
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Meanwhile USA's debt is at 31 trillion and they haven't close down
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I just paid it off for them. You're welcome!
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I just paid it off for them. You're welcome!
😭😭😭
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This thread was me trolling for fun lol, they not really in debt.
Actually from their investors call last week I believe, their cash flow is doing great...so...yeah.
And as long as they have BTS, they ARE gonna be good, why wouldn't they😂😂.
BTS at this point is not just a group, but a actual "Brand", and everything they do sell out or make noise, so HYBE will always be fine.
And looking at how Big NewJeans is getting, they also helping keep up HUBE reputation too.
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Regardless, even troll threads stumble upon the truth.
They've been swimming in debt for a few years. To say the debt to equity ratio is alarming is an understatement. Reckless might be the word. Their earnings are forecasted to grow significantly slower than the KR market.
(copied and pasted the comment)
"lol wut? Their total liabilities are about 1.3 billion USD and their long term debt is way less than that. They have plenty of assets and cash to cover all their debt.
Look at those quick and cash ratios, anything near or above 1.0 is healthy, and they are way above that."
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