Meta Platforms Has $420 Billion in Hidden Debt, and It’s Growing

Artificial intelligence provides some great opportunities for many companies today. But it’s also a very expensive proposition that’s weighing down some of the biggest companies in the stock market. Meta Platforms (NASDAQ:META) is down 3% so far this year on fears that the company is taking on too much debt as it invests in AI infrastructure.Meta’s balance sheet shows that the company has about $58.7 billion in long-term debt. But a new report indicates that the company’s debt load is much greater. Nikkei Asia reports that Meta Platforms has another $420 billion in off-balance-sheet debt. That number has grown substantially since 2022, the outlet reported.Should investors be concerned about Meta Platforms’ stock?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool