RE: Anuver bade daye agane sadley19 Mar 2024 09:31
KeRow,
The companies cash in the bank is only a very small factor in the calculation of the market capitalization, so your argument is flawed. You are confusing the companies cash position with market capitalization (worth).
Many companies are in net debt after assets and liabilities are factored in, and yet their market capitalization is positive, not negative, because revenues, profits and cash flow are bigger factors for the MC.