Comment by chollida1 1 day ago https://companiesmarketcap.com/automakers/automakers-with-th... 3 comments chollida1 Reply thelastgallon 1 day ago Wow! Toyota $269B debt vs BYD $5.6B debt bryanlarsen 4 hours ago Both figures need to be qualified.1. The BYD debt is alleged to be undercounted due to treating suppliers as lenders.2. The Toyota debt includes a large chunk of lease financing. Which sort of doesn't count.But even if you adjust Toyota's down and BYD's up, Toyota's is still significantly larger. woodpanel 1 day ago > its Net Debt/EBITDA was around 3.7x, indicating strong earnings cover for its debtTLDR: Toyota can afford it
thelastgallon 1 day ago Wow! Toyota $269B debt vs BYD $5.6B debt bryanlarsen 4 hours ago Both figures need to be qualified.1. The BYD debt is alleged to be undercounted due to treating suppliers as lenders.2. The Toyota debt includes a large chunk of lease financing. Which sort of doesn't count.But even if you adjust Toyota's down and BYD's up, Toyota's is still significantly larger. woodpanel 1 day ago > its Net Debt/EBITDA was around 3.7x, indicating strong earnings cover for its debtTLDR: Toyota can afford it
bryanlarsen 4 hours ago Both figures need to be qualified.1. The BYD debt is alleged to be undercounted due to treating suppliers as lenders.2. The Toyota debt includes a large chunk of lease financing. Which sort of doesn't count.But even if you adjust Toyota's down and BYD's up, Toyota's is still significantly larger.
woodpanel 1 day ago > its Net Debt/EBITDA was around 3.7x, indicating strong earnings cover for its debtTLDR: Toyota can afford it
Wow! Toyota $269B debt vs BYD $5.6B debt
Both figures need to be qualified.
1. The BYD debt is alleged to be undercounted due to treating suppliers as lenders.
2. The Toyota debt includes a large chunk of lease financing. Which sort of doesn't count.
But even if you adjust Toyota's down and BYD's up, Toyota's is still significantly larger.
> its Net Debt/EBITDA was around 3.7x, indicating strong earnings cover for its debt
TLDR: Toyota can afford it