4 Cash Loaded Biotech Stocks With Little Debt

Without sound financial management, most companies don't stand a chance of attracting investors and being successful in the long run. Smart companies know that paying close attention and keeping tight controls over the finances helps a company prosper as well as ride out the downturns. One sign that finances are a priority is a sizeable cash reserve. Another element that exemplifies business acumen is keeping long term debt to a minimum. This allows a company to focus on business development rather than repaying debt. With this in mind we developed a list of biotech stocks that have little debt and are highly liquid. Take a look and the data below to see what we found.The Long Term Debt/Equity Ratio is a variation of the traditional debt-to-equity ratio; this value computes the proportion of a company's long-term debt compared to its available capital. By using this ratio, investors can identify
... Read the rest at SeekingAlpha.com