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A comment on Facebook Profit Jumps 71% Year-over-Year. Parent comment

Re:Facebook Profit Jumps 71% Year-over-Year by mars4rp on Wednesday July 26, 2017 @06:06PM (#14860809)
Ford has $40b cash and its market cap is $43b ?? I should buy some.

Edit: I guess I missed "Ignoring Debt" they have too much debt.

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Re:Facebook Profit Jumps 71% Year-over-Year by acalderaro on Wednesday July 26, 2017 @06:11PM (#14860841)
About $70Bn in short-term debt liabilities. [0] May create some hesitation in buying ;)

[0] https://finance.yahoo.com/quote/F/balance-sheet?p=F

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Re:Facebook Profit Jumps 71% Year-over-Year by adventured on Wednesday July 26, 2017 @06:13PM (#14860857)
Maybe. Net tangible assets are $30 billion. Obviously much like GM, they're carrying a large pile of liabilities around on their balance sheet. I suspect Ford has to keep a significant amount of cash on hand for numerous legacy reasons (pensions?) to support their credit rating. $244b in assets stacked against $213b in liabilities.

GM is far more profitable than Ford, has $22b in cash, and $39b in net tangible assets. With a $53b market cap, GM is sporting a realistic 4.x to 5.x PE ratio currently (depending on how you want to account for their 4Q16).

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