Why does Netflix for example have 14B in debt but have a market capitalization of 123B and generated 16B in revenue in 2018?
- AmyLv 71 month ago
Interest rates are insanely low.
If you had a million dollars, would you pay off your mortgage early (which might be charging you 4% interest), or invest in a business that you expect will make a 10% return?
- GregLv 71 month ago
They had to borrow money to make money and have not paid it off yet.