[Mr_DYI]

I am a life-long Toyota customer, going back to my first new purchase, a 85 pickup.
What shocked me recently is hearing the Toyota is the most indebted automaker, apparently worse than VW, Ford or GM, even with the former already huge spend on BEVs.
The question is what has Toyota been spending on for the last 2.5 years that skyrocketed their debt? It's not like they have made a serious investment into BEVs, unless they are really good at keeping it secret. It can't be they bet their future on just a new truck platform.
Maybe their just announced CEO replacement is telling us something. If they are still 5 years from a competitive BEV line-up or even platform, which is a typical time to launch an all new ICE vehicle, then no telling how far they will fall in market share.

 

[jareza]

When I read the news, It became apparent, for me at least, that Toyota and the US dollar operate very similarly.
Since the dollar is not backed by gold but rather by trust and so many things worldwide depend on the US dollar to function (Venezuela's unofficial currency is the us dollar) it is logical to me that the US dollar will not be affected much (imo) by the USs debt.
Similarly, toyota is basically the world's biggest automaker, not the most innovative for sure but maybe the most reliable. It will maybe remain in perpetual debt, but people will still buy Toyotas, worldwide.
So I think toyota will do fine IMO

 

[DC_Dave]

The us dollar is backed by the demand for the dollar to service dollar denominated debt and as a medium of exchange for goods and services around the world.

If the volume and velocity of dollars rise in proportion to those 2 factors, the purchasing power of the dollar will fall.

Is Toyota debt dollar denominated?

 

[Dimitrij]

What was the saying, If you owe $100.00 and can't pay it back, it's your problem. If you owe $1,000,000 and can't pay it back, it's the bank's problem.

 

[jareza]

The us dollar is backed by the demand for the dollar to service dollar denominated debt and as a medium of exchange for goods and services around the world.

If the volume and velocity of dollars rise in proportion to those 2 factors, the purchasing power of the dollar will fall.

Is Toyota debt dollar denominated?

If I recall correctly, toyotas debt was around US $94,000Mill.

 

[20swrt]

If I recall correctly, toyotas debt was around US $94,000Mill.

Where did you get that figure ? I googled TM stock and this is what i got. Total liabilities is $45 B

Toyota Motor Corp (TM) Price & News - Google Finance

Get the latest Toyota Motor Corp (TM) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

www.google.com

 

[jareza]

I dont recall where I saw it........ memory is right now very fuzzy and Im a bit hangover from yesterday.
Need my coffee first

 

[evansdj82]

A liability is not the same as debt. All debts are liabilities, but not all liabilities are debts. Toyota has $186B in debt. Things like income tax, unearned review, accounts payable, unfunded pensions, etc. are liabilities, but not debt.

 

[cougarhound]

I think Toyota has $500B in assets though. Ford has $255B.