I kind of glanced at their financials after ordering pizza online while waiting for the delivery, I didn't go too in depth so maybe I am missing something, maybe their negative equity is a result of accounting tricks. I know they have been profitable every year since 2005, I looked as far back as 2005 on macro trends since that is the earliest It allows. Their cash from operations is positive and they buy back shares, Maybe I don't fully understand what negative equity means, but as far as I know this means the business should fail and the shareholders have claim to nothing, any explanations?
Submitted April 29, 2021 at 12:31AM by Zeen454545 https://ift.tt/3aQ86Xn
