Sony’s financial structure also indicates that growth is slowing down. With a debt-to-asset ratio of 80.23%, Sony is limited in its ability to expand because they have already exhausted most of their debt financing capabilities. Fortunately for Sony, they have $12,240.92 million sitting in cash that they can use for new opportunities or fixing issues such as the thrice-breached PlayStation Network (S20). However, the high level of debt as well as the unused cash will indicate to investors that Sony does not have many options for growth (S21). This is highly disadvantageous to Sony since they are known for their innovations and innovation is positively correlated with growth.