I think the CEO stated only 6 months before their bankruptcy they had enough money to see them through. In the end it came to light that GM had no idea of its own financial position.
Cash flow is more important short term than profit. A business that is cash flow positive can meet its commitments. One that is profitable but cash poor can go bankrupt. Fact of life. The last 6 months give the impression that INT is living day to day. No better for a company than it would be for you or me.
I won't argue with you about it. That is just my view of the current situation.
Change it if you can. I'm open to another point of view. Just back it up with some hard facts.