PPRuNe Forums - View Single Post - Qantas loses $860 million last year.
View Single Post
Old 26th Aug 2022, 06:33
  #28 (permalink)  
MickG0105
 
Join Date: May 2016
Location: Sunshine Coast
Posts: 1,201
Received 228 Likes on 109 Posts
Originally Posted by 43Inches
That's what I thought, so they have sold more of the farm to prop up the luxury yatch. Hence why asset to share ratio fell significantly.
No. The asset-to-share ratio dive was driven off the back of increased liabilities not a decline in assets. Assets actually went up by nearly $2 billion.
MickG0105 is online now