Debt in public corps. (Little Upsilon)

how can i manage a public corporation that went into debt.
i had closed many of them with huge loans, still some of my public corps have a low amount of cash, soon they will get into debt again.
is there any way to prevent this?
how can i increase cash is public corps?

one way is to issue new shares. the problem is that when public corps gets loans their Market Value is usually so low it makes little sense issuing them.

what kind of corps do that to you? some corps like Aircraft Fuel or Gasoline for example better stay private, and that leads to other solution - getting them to private status.

most of the Food & Goverment corps did that and some others that produce weapons such Land base cruiser batteries(closed 5 of them), no matter if i bought unsold products went there was a green surplus.

Public corps are a pain in the ass. It's better not to have them.

For enterprises, once you own shares in about 500 to 600 (not sure of exact number) corporations the game will not allow you to bid on shares from any other corporations. Then you'll have to either sell off your minority stakes or go through corps and increase your ownership to 100% to make them private. Or not bid on any more shares.

Countries don't have to worry about that limitation though. Usually they will also not have to worry about debt since they have lower expenses(no CRU).