Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Debt for US corporations tops $6 trillion

  • Print Alex Jones Show podcast Prison Planet TV Infowars store

CNBC
June 28, 2018

The debt load for U.S. corporations has reached a record $6.3 trillion, according to S&P Global.

The good news is U.S. companies also have a record $2.1 trillion in cash to service that debt.

The bad news is most of that cash is in the hands of a few giant companies.

And the riskiest borrowers are more leveraged than they were even during the financial crisis, according to S&P’s analysis, which looked at 2017 year-end balance sheets for non-financial corporations.

On first glance, total debt has risen roughly $2.7 trillion over the past five years, with cash as a percentage of debt hovering around 33 percent for U.S. companies, flat compared to 2016. But removing the top 25 cash holders from the equation paints a grimmer picture.

Read more

This article was posted: Thursday, June 28, 2018 at 6:25 am





Infowars.com Videos:

Comment on this article

FEATURED VIDEOS
The Truth About Brexit See the rest on the Alex Jones YouTube channel.

TRUMP DEFENDED ME! See the rest on the Alex Jones YouTube channel.

https://www.youtube.com/embed/uF50ZfNajHA https://www.youtube.com/embed/5RrSfMiAErc

© 2018 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.