Sunday, May 27, 2012

6 High Growth Technology Stocks With Plenty Of Cash On Hand


Interested in technology companies? Do you feel better knowing your favorite companies have enough cash to cover their operating expenses for a very long time? Do you prefer stocks that can bring in profits over the long term? We ran a screen you could find useful.The Current ratio is a liquidity ratio used to determine a company's financial health. The metric illustrates how easily a firm can pay back its short obligations all at once through current assets. A company that has a current ratio of one or less is generally a liquidity red flag. Now this doesn't mean the company will go bankrupt tomorrow, but it also doesn't bode well for the company, and may indicate that it could have an issue paying back upcoming obligations.The Quick ratio measures a company's ability to use its cash or assets to extinguish its current liabilities immediately. Quick assets include
... Read the rest at SeekingAlpha.com

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