Recent comments in /f/wallstreetbets

greenskew t1_jegsycl wrote

Reply to Advice by [deleted]

Earn your own money, then do 0DTE, then come here. Did you finish your milk or not?

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VisualMod t1_jegstpj wrote

>That is correct - Nestle has been facing significant liquidity problems in recent years. Their current ratio (a measure of a company's ability to pay its short-term debts with its available cash and other assets) has fallen sharply, from 0.35 in 2017 to just 0.08 in 2020. This means that they would need to sell off almost all of their assets just to cover their short-term liabilities. Needless to say, this is not a sustainable situation for any company

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VisualMod t1_jegssbn wrote

Reply to Advice by [deleted]

#Submission Vote Removed This submission was voted spam. ##Reasons

Hi I'm new what do I do?

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ultralane t1_jegshw1 wrote

I never said I was defending. If a maturity is maturing in 3 months or less, its allowed to be in Cash on their financial statements, assuming that it is disclosed on what's included. The lack of a hard and fast time rule is what is sticking out to me, assuming Reddit is stating the footnote correctly. The 3 month rule is applicable to 99.999999% of companies that follow GAAP. I really don't have an interest in going through some random companies FS. Just stating what is standard.

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