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/biz/ - Business & Finance

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11352220 No.11352220 [Reply] [Original]

Anyone here actually know how to read a balance sheet?

is this good?

>> No.11352227
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11352227

>>11352220
buy the dip?

>> No.11352231

>>11352220

I think is OK man

>> No.11352238

>>11352231
how many billions negative can net income be before it's an issue?

>> No.11352239

Short it

>> No.11352435

>>11352239
>Short it
but musk said they are going to make money in a few years

>> No.11352543
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11352543

>>11352220
What I don't get about the $420 funding secured stuff

is why would he even be joking that someone would buy a company like that which is just burning through investor cash because they make zero profit for billions of dollars more than the company had ever traded in market cap

Seems like a horrible unfunny joke that would only serve to draw attention to the dire straights the company is in and cause the shorts to come in and have a damn field day all while questioning your sanity

>oh wait that's what is happening

smooth move elon

>> No.11352551

>>11352220
Looks like a company on its dead bed

>> No.11352560

>>11352220
this isnt a balance sheet

>> No.11352569

>>11352238

A few man depends this is k tho prob

>> No.11352587

>>11352238
depends on total assets/liabillites, debt ratio, wheter the revenue can still cover variable costs.. etc

>> No.11352588

>>11352220

Depends on your notion of good

>> No.11352614

>>11352560
>this isnt a balance sheet
ok where can i get one and what's the difference

finely someone who knows what's up

>>11352588
>Depends on your notion of good
is this what a profitable car company looks like

>> No.11352740

>>11352614
literally type in tesla balance sheet. the one on NASDAQ is showing total assets to be ~28mil and total liabilities ~24mil, and only 6mil of those assets are easily liquidable to cover those liabilities. so ask yourself, do you trust this company enough to invest with a debt ratio like that?

>> No.11352768

>>11352740
so are they losing $700,000,000 per quarter? Is that right

>> No.11352938

OK if I look on their balance sheet it says they lose thousands of dollars on every car they sell and Elon Musk says the solution is to sell more cars

i do not understand

>> No.11352952

>>11352768
no. income = revenue minus costs.

>> No.11352984

>>11352952
seems like that is losing money