The OP stated ‚Zombie company‘ which stands for companies whose business model is so broke that they only survive on cheap loans.
If SAP is anything it is not a broke business.
People like the OP discredit this forum as an assembly of flame throwers instead of a forum of individuals reviewing SAP without a positivistic veil.
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I think the OP meant It’s debt is funded by negative interest rates. thereby making its cash position operationally positive.
Thats just fudd!
SAP‘s debt is far below its cash position.