Monday, September 17, 2012

3 Highly Liquid Consumer Stocks With Little Long Term Debt


The current economy has normalized the tendency for organizations to access reserves or borrow against assets to balance the budget. That is what reserves are for after all - keeping the doors open and treading water until things pick up. So it makes it even more remarkable when we find companies that have not tapped into lines of credit and have maintained a high level of liquidity. For our scan today, we focused on consumer stocks, and found companies that have minimal debt and substantial cash reserves. These two complimentary traits lead us to companies with strong fiscal guidance that are well positioned to make strategic growth enhancing moves. If consumer stocks with these qualities interest you, then you will like the list below.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
... Read the rest at SeekingAlpha.com

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