Across the five hyperscalers, on-balance sheet debt is roughly $420 billion. The larger commitments live in the leases, including those yet to commence. Under the accounting rulebook known as GAAP, a lease commitment only winds up on the balance sheet as a liability if a company is “reasonably certain” to renew the lease, Moody’s noted. Much of that information lives in footnotes in financial filings, but bond fund managers are taking it all into account.
Skip 熱讀 and continue reading熱讀
。业内人士推荐新收录的资料作为进阶阅读
Continue reading...。关于这个话题，新收录的资料提供了深入分析
Complete coverage
FT Videos & Podcasts