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I am talking about the almost $30 billion they have added in the past 12 months that didn't come from the Fox deal. Everything that you say about their balance sheet is true. That doesn't change the fact that their balance sheet was much better a year ago. A balance sheet can be a non issue...

You don't know some of the Trekkies I do. 🤣

I didn't think their stock would tank. The bad news was already priced into the stock. The stock shouldn't have tanked and it shouldn't have surged liked it did. And the funny thing is you admit it shouldn't have surged like it did at the end of your post.

Disney is in far worse position looking forward than they were a year ago bro. They have added almost $30 billion in debt to their books in the past 12 months. That is in addition to the debt they added when they bought Fox. I don’t think Disney is going to have to go out of business or sell...

That is what I meant to post and have now edited it

They aren't going to be cutting back to five days a week. That would send the wrong signal to investor and would add uncertainty that would further deter guest from making resort reservations. It could have happened if being open right now was costing them more money than being shut down, but...

The quarter was actual better than anyone should have expected, but the surge in price doesn't make sense. The price of many companies don't make sense right now. While in good shape considering the current climate, they are in terrible shape compared to where they were a year ago.

What would be interesting to know is exactly how much the deferred rights payments to the NBA and MLB saved them and what they are paying now that both are playing. That will have an impact on the cash burn along with the NFL getting ready to start. The rights fee paid by streaming services...

They do have a $17.25 billion line of credit available to them in addition to the cash on hand they have. So they can burn cash for awhile and the cash burn should slow going forward. It is hard to call a quarterly like this one good, but given the present economic situation this was better...

Think I saw somewhere that some was to someone in Canada.

The debt? I‘m not sure if any of it was sold to the Treasury Department.

so if I am reading this correctly Disney has borrowed over $28 billion dollars this fiscal year, paid off $11 billion in debt this year and has $23 billion on hand. They have a total debt of over $64 billion. Plus, they have a $17.25 billion line of credit that they haven’t tapped yet.

It is listed as income and not a net loss in the 10 Q. Page 5 https://otp.tools.investis.com/clients/us/the_walt_disney_company/SEC/sec-show.aspx?FilingId=14309342&Cik=0001744489&Type=PDF&hasPdf=1

I think if I caught it in the earnings report correctly It is that now that it has been a year since the Fox deal went down that charges they had to put on the books for accounting purposes only as part of that deal in previous quarters can be took off their books this quarter for accounting...

Want even more to add to mix? On the 10 Q they have $4.953 billion as positive revenue under operating activities from goodwill and intangible asset impairments.

But Iger fancied himself as a creative guy and is sticking around to help the creative side. So everything will be awesome on the creative side.

The restructuring and impairment charge line on the chart is being recorded as income and not a loss.

This is cap from the report. Unless I am reading this incorrectly the $5 billion impairment is being reported as income.

You better look at that report again. The $5 billion isn’t booked as a loss.

Yeah, I didn’t read your post properly.