Critical status for Vu

[bxstreetlife]

Hi all, a member from hl2fallout have posted a thread with a nice link , showing the financial status of Vu games, so critical that if they delay the game once more it should be...fatal
http://finance.yahoo.com/q/ks?s=V

 

[mashed]

so critical that if they delay the game once more it should be...fatal ?

If there is any justice in the world, that will certainly be the case.

 

[Sourcerer]

Those figures don't really mean much to me, which bits should I be looking at ?

 

[Zento]

I just took his word for it

 

[bxstreetlife]

Income Statement : Revenue Growth (lfy)³: -47.50%


mwahahaaaaaaa !!!!!

 

[Petabyte]

Vu is going down. I hope they go under!

 

[Yombi]

most of their losses have (throughout the whole VU company even) is because of resctrucring cost. They have quite afew more games in their upcomming list. Delaying HL2 will hurt them, but it wont kill them im sure.

 

[switch]

Vu is going down. I hope they go under!

err, that wouldnt be good for HL2, since it hast to released by VUG I believe.

 

[DigiQ8]

DIE Vugames DIE !!!

 

[JimmyPage]

Half life 2 isn't even gonna make a dent in a debt of over 9bn. They'd have to sell over a hundred million copies (and within a very small timeframe) for it to cover that.

I just read elsewhere (possibly on this forum) that they're going to sell off a large amount of their assets in order to make ends meet.
So basically the debt shown in the link will be recouped via non HL2 related income.

I'm not an economics/accounting buff though so feel free to correct any of that..

 

[Interl@ce]

well...... i just hope the game comes soon because frankly im literally tired of waiting.

 

[caido_souls]

Here's what I learnt from business A-Level. The gross profit margin measures the gross profit of the business as a proportion of the sales revenue. The business would want this margin to be as high as possible, since a high margin will leave more profit for covering the remaining expenses and, if the business is a ‘company’, for covering the dividend payments to shareholders. VU is in minus figures. VU's current ratio is "Current Ratio (mrq): 0.676 " A figure less than 1.5 indicates that the business may experience difficulties in meeting its short-term debts (i.e. a liquidity crisis) Overall it means that for every £1 of current liabilities, VU has so much £ of current assets available to cover them. And also to be fair I bet they are in a hell of a lot worse situation than that financial report states, as most firms can "window dress" the balance sheet by selling off vast quantities of facilities to a subsidury to make it look like they have a lot of spare cash hanging around and then buy them all back for the same price once it has been published.

 

[Lanthanide]

VU have been in a bad financial state for the last 18 months, running up debts, yet they're still going. In fact recently it looks like they've started to turn around.

HL2 won't do crap all to the prospects VU overall, not a damn thing. It will however inject much needed money into VUG, the division that is releasing HL2 and currently the only division making a loss. But, VUG has been in a bad state for the last 18 months, and they're starting to turn around, so really, saying "if they don't release HL2 they'll go under" is a complete fantasy - HL2 is not that important in the grand scheme of things.

 

[Wilco]

No, but releasing HL2 quickly and sacrificing possible extra revenue 6 months down the line after an expensive lawsuit makes a lot of sense to a new management team looking to show its worth.

 

[Lanthanide]

Yes, that is true.

I was commenting on this:

showing the financial status of Vu games, so critical that if they delay the game once more it should be...fatal

 

[Petabyte]

I want them to go under AFTER half-life 2 is released. Like literately. Through the ground.

 

[marksmanHL2 :)]

Wow... I know you lot will shout at me.... but I think you should all give VUG a break. lol..


I dont like them one bit... But what about its employees who just lead normal working lives.


would really really suck to read a thread like this...

 

[Yombi]

I want them to go under AFTER half-life 2 is released. Like literately. Through the ground.

Um then someone like EA will probably buy the publishing rights haha

 

[Petabyte]

I think the employees are good hard working people. But evil good hard working people

 

[Lanthanide]

Wow... I know you lot will shout at me.... but I think you should all give VUG a break. lol..

I dont like them one bit... But what about its employees who just lead normal working lives.

would really really suck to read a thread like this...

Actually they would probably agree. There's a class action suit against VUG about them failing to pay many of their employees overtime for 2-3 years.

 

[FoB_Ed]

Um then someone like EA will probably buy the publishing rights haha

Nah, Valve's already been talking with activision

 

[marksmanHL2 :)]

Actually they would probably agree. There's a class action suit against VUG about them failing to pay many of their employees overtime for 2-3 years.

lol... fair enough....



Meh, its getting boring complaining about them anyway. I want valve to release a few more binks for me to waste my bandwidth on....

 

[Joeslucky22]

This is good news!

VU will be like "shiet guyz... We gotta get hl2 out the door."

 

[Yombi]

Nah, Valve's already been talking with activision

Er but wouldnt activision have to talk to VUG or the people who are dealing with the debt. Then its whoever pays the most . Just like whats happening with Jucied atm (Hope activision gets it).

 

[blahblahblah]

Here's what I learnt from business A-Level. The gross profit margin measures the gross profit of the business as a proportion of the sales revenue. The business would want this margin to be as high as possible, since a high margin will leave more profit for covering the remaining expenses and, if the business is a ‘company’, for covering the dividend payments to shareholders. VU is in minus figures. VU's current ratio is "Current Ratio (mrq): 0.676 " A figure less than 1.5 indicates that the business may experience difficulties in meeting its short-term debts (i.e. a liquidity crisis) Overall it means that for every £1 of current liabilities, VU has so much £ of current assets available to cover them. And also to be fair I bet they are in a hell of a lot worse situation than that financial report states, as most firms can "window dress" the balance sheet by selling off vast quantities of facilities to a subsidury to make it look like they have a lot of spare cash hanging around and then buy them all back for the same price once it has been published.

Pretty good. You don't have a full concept on their situation. That is because some of the accounting manuevers they are using would give most accountants a headache.

Anyways, they don't give all the information you need to fully understand VU's financial condition. You need their annual report (for full financial details) for that. That is how you can get a true sense of how a company is doing.

As I stated in the thread before. HL2 won't make a difference at all with VU's financial condition. In fact, HL2 will not affect VUG dramatically as well.