356 - Investing Lessons We Can Learn from Peloton (Part 2)
InvestED: The Rule #1 Investing Podcast
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How Much Cash Is Sitting There?
The company raised a huge load of cash back a back, a year or two ago. If i'm buying the whole thing, i could pocket the cash. Theoretically. They're not ball parki i'm ball parking. It's about 800 million dollars sitting in cash available that they don't owe anybody. So it's really, i'm paying eight billion bucks,. which is good, cause some companies, you look at the market price of the company, its eight point eight billion. And then you find out they got four billion dollars a debt. After you take the cash, then you're really paying 12 billion dollars, not eight billion dollars.
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