Another debt laden giant

Nissan, sinking under a mountain of debt

The automaker and its group firms have about $1.6 billion of debt due next year, a slight decrease from 2024, but that figure will jump to around $5.6 billion in 2026, the most in Bloomberg-compiled data going back to 1996. The debt due in 2026 is in yen, dollars and euros.

https://www.japantimes.co.jp/business/2024/11/15/companies/nissan-record-debt/

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Does Nissan have equity, or unencumbered assets, that can be used to meet that obligation? Or is Nissan deep into negative equity, like Boeing?

Steve