  en102 Canadian, eh?
join:2001-01-26 Valencia, CA
·RoadRunner Cable
·DSL EXTREME
| reply to jmn1207 Re: Will Sprint be buying up all the divested areas??
Sprint may have 'plans' to make a comeback, however, it needs some investment funding to do much. Sprint has more debt than they have cash. While their market cap is 40B, their credit rating, the economy, and the fact that Sprint is spending a lot of resources on Xohm, they have little leverage. They have chosen to keep iDEN... that was worth at least 'something'.
»finance.yahoo.com/q?s=S »finance.yahoo.com/q/ks?s=S
Profitability Profit Margin (ttm): -78.99% Operating Margin (ttm): 1.13%
Management Effectiveness Return on Assets (ttm): 0.34% Return on Equity (ttm): -82.80%
Balance Sheet Total Cash (mrq): 3.50B Total Cash Per Share (mrq): 1.227 Total Debt (mrq): 22.98B Total Debt/Equity (mrq): 1.074 Current Ratio (mrq): 1.25 Book Value Per Share (mrq): 7.504 Cash Flow Statement Operating Cash Flow (ttm): 8.00B Levered Free Cash Flow (ttm): 1.98B |
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  jmn1207 Premium join:2000-07-19 Reston, VA | The US has WAY more debt than cash. I think we will make a comeback, too. Call me an optimist.  |
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  en102 Canadian, eh?
join:2001-01-26 Valencia, CA
·RoadRunner Cable
·DSL EXTREME
| While that is true... we're not out to purchase another country tomorrow. We'll be paying for the interest on that debt over the next quarter century. If Sprint (or another company) is out to purchase bits of Alltel, they would be doing it 'now', and not waiting for the 'comeback' to have enough money/financial backing to go and purchase more. Sprint needs to rid itself of some assets to purchase anything.
- iDEN, looks like its sticking around - They just recently sold towers (that helps)
Time to clean house. -- Canada = Hollywood North |
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