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Re: Emptyhead post# 14464

Saturday, 01/19/2019 1:40:56 PM

Saturday, January 19, 2019 1:40:56 PM

Post# of 37348
You are omitting that the 10-Q is showing
- as of Nov 3, 2018 - Sears had $ 6.677 B in Assets
and $ 7.393 B in Liabilities.


The $ 5.2 B is added to the $ 6.677 B in Assets
which equals:

$ 11.877 B in Assets
$ 7.393 B in Liabilities

Or you could just reduce the Liabilities by $ 1.7 B
for the Credit Bid and not add it to the Assets:

$ 5.2 B - $ 1.7 B = $ 3.5 B + $ 6.677 B =

$ 10.117 B in Assets
$ 5.693 B in Liabilities (minus the $ 1.7 B)

This reads to me like Assets are significantly
higher than Liabilities.


https://www.sec.gov/Archives/edgar/data/1310067/000131006718000029/shldq32018.htm






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