Originally Posted by
fizz57
Makes one wonder just how deep Boeing's pockets are - and whether any other company without lucrative military sales could do anything like that.
At the end of the third quarter of this year, they had almost $11 Billion in cash on hand.
It's probably also worth noting that shareholder equity (the difference between total assets and total liabilities) was approaching
negative $4 Billion.
https://www.macrotrends.net/stocks/c...g/total-assets
The stock price hasn't come close to crashing -- at least, not so far -- although it is substantially below the 52-week high. I think there are plenty of investors who believe that Boeing is basically invulnerable.