Techrights

Visualising About 0.7 Trillion Dollars of Debt in Supposedly "Successful" Tech Companies

Posted by Roy Schestowitz on Dec 04, 2024

If they're doing so well, how come they borrow so much money (which some would struggle to pay back or never manage to pay back)?

Healthy businesses do not owe money, they don't try to fake their magnitude by borrowing money (paying back would cost a lot; we're not in the era of 1% interest or so-called 'free money').

So focusing only on American companies from this old list, let's examine their official debt (total):

Tech debt charted

The components of the above debt (in billions of dollars, per company) follow. THIS IS DEBT

Netflix Inc: 18.509 B Oracle: 94.414 B IBM: 60.126 B Salesforce Inc: 13.562 B

AMD: 3.109 B NVIDIA Corporation: 11.056 B Intel: 50.283 B

Microsoft: 97.852 B Apple: 119.1 B Amazon.com Inc: 161.6 B Facebook ('Meta'): 49.047 B Google ('Alphabet'): 29.289 B

Total debt: 708 B

Data and chart: ODF | CSV

Debt isn't "normal"; debt is a symptom of a problem. █