[A_D_E_P_T]

Somewhere towards the bottom, the post explains that "the price to buy the business and gain all its economic value is the enterprise value." So if you want to buy Toyota, and reap all of the profits, you buy all of the stock and all of its debt. Toyota and GM become much more expensive this way.

> I'm surprised TSLA is in such a good shape, debt-wise.

As the post also notes, "a high share price relative to your true value constitutes the ability to finance cheaply."