Cryptocurrency Q&A
Is Walmart in debt?
Is Walmart in debt?
CryptoAlchemy
Thu Oct 17 2024
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6 answers
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I heard some rumors about Walmart's financial situation and I'm wondering if they are true. Specifically, I want to know if Walmart is currently in debt. Can anyone confirm or deny this?
6 answers
CherryBlossomFalling
Sat Oct 19 2024
As of July 2024, Walmart's financial landscape revealed a noteworthy figure in its balance sheet – a total debt amounting to $61.30 billion. This significant amount underscores the financial obligations currently carried by the retail giant.
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Lorenzo
Sat Oct 19 2024
Delving deeper into the financial reports, it becomes evident that this total debt encapsulates both current and non-current liabilities. Current liabilities encompass debts due within a year, such as accounts payable and short-term loans.
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SeoulSoul
Sat Oct 19 2024
On the other hand, non-current liabilities represent long-term financial commitments, which Walmart has undertaken, including long-term loans, bonds payable, and pension obligations. These liabilities are not due for repayment within the next twelve months.
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Daniele
Sat Oct 19 2024
The magnitude of Walmart's total debt highlights the scale of its operations and the capital required to sustain its position as a global leader in retail. Managing this debt effectively is crucial for the company's financial health and stability.
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EnchantedSoul
Fri Oct 18 2024
Among the strategies Walmart employs to manage its debt is by maintaining a robust cash flow. This enables the company to service its debts timely, while also investing in growth initiatives and maintaining its competitive edge.
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