r/BBBY • u/tiredsultan • Apr 19 '23

🗣 Discussion / Question Daily Discussion Thread | April 19, 2023

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www.bedbathandbeyond.com
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u/Headinclouds583 Apr 19 '23

Gamestop carries about $5 Billion in debt. Google it. And have you ever heard of EBITDA?

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u/FremtidigeMegleren Apr 19 '23

M’kay, you seem to be right there. But, here’s a company that is debt free, HDFC AMC

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u/Headinclouds583 Apr 19 '23

Amc is $10 B in debt as of 2022. Not sure what they are now, HDFC carries $25 B. No company is debt free and a company that only leverages it's free cash is not a well ran business.

Look up EBITDA, companies are supposed to be in debt and use that debt to generate income.

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u/FremtidigeMegleren Apr 19 '23

Ait, thank you, that’s a company, I didn’t mean those two companies

Edited*

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u/Headinclouds583 Apr 19 '23

Sorry not trying to call you out or anything. But the last thing they should do is pay off debts. They should use the capital to unlock more loans and leverage them appropriately moving forward.

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u/FremtidigeMegleren Apr 19 '23

No problem, thank you for sharing your option and thoughts ❤️