Intel (NASDAQ:INTC) Takes On Some Risk With Its Use Of Debt
The latest balance sheet data shows that Intel had liabilities of US$32.0b due within a year, and liabilities of US$53.7b falling due after that. Offsetting this, it had US$29.3b in cash and US$5.28b in receivables that were due within 12 months. So its liabilities total US$51.2b more than the combination of its cash and short-term receivables.
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Investors hoping that support from the U.S. government will power Intel's turnaround got some good news recently.
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