Bullish
$BA has 10B of cash on hand. By suspending their dividends, they will save annually another 4.6B. By suspending buybacks they will also save 2.7B annually. Their current ratio is over 1, which means they can cover current liabilities. They bought back 19M shares at avg price of ~350 from 10/19-12/19. That's now a 5B loss. Of their 27B LT debt, 7B is due in less than a year. Given, they have suspended their dividends, buybacks, and have 10B in cash, they can weather the storm for 2-5 months. $SPY
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