$AMC AMC is indeed a meme stock, but it's also a cash-hungry business with more than 17,000 employees on its payroll. AMC now has $10.3 billion in assets and $12.5 billion in liabilities. Under current economic conditions, AMC loses about a billion dollars a year and has a credit rating of ~CCC, depending on the issuer. From Standard & Poor's guide to credit ratings. An obligation (debt) rated 'CCC' is currently vulnerable to nonpayment, and is dependent upon favorable business, financial, and economic conditions for the obligor to meet its financial commitment on the obligation. In the event of adverse business, financial, or economic conditions, the obligor is not likely to have the capacity to meet its financial commitment on the obligation. If you read AMC's annual report, they only have enough estimated liquidity to last the company through March or so of 2023.
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