Quite a few car companies in the list:
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I would think that looking at the debt to equity ratio would be more important.
DB2
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VW is listed twice as numbers 2 and 3.
I’d like to know what Saudi Aramco has in debt? The kingdom uses the company to leverage debt to pay their people.
As of December 2023, Saudi Arabia’s national government debt was $273.1 billion, which is an all-time high. This is compared to $264 billion in the previous year.
Ask and ye shall receive.
Saudi Aramco Keeps World’s Biggest Dividend as Debt Jumps
Aramco had net debt of $8.9 billion during the quarter…Free cash flow — money from operations after capital expenditure — of $22 billion in the third quarter was lower than the total dividend…
The company’s net income fell 15% to $27.6 billion in the quarter ended September compared with a year earlier…
DB2
Yeah I saw that as well.
But I had said Aramco assets are used for Saudi government debt as leverage. I do not know how future sales of oil are used as collateral.