320 Years of History
Gold Member
Up until recently Ford, Microsoft for most of its existence and most of the smaller firms in Europe.
Define recently, please, in terms of when "recently" begins in your mind. Looking at Ford's 1998 balance sheet, I see both short and long term debt. Recently must have predated 1998. Is your idea of "recent" measured on geological scales?
I know of 25 companies that at least at one point in time had no long term debt reported on their balance sheets. I don't know how long each of them maintained that position.
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