5 Cash Loaded Industrial Stocks Keeping Debt At Bay

A commonality among successful companies is their commitment to tight fiscal controls. Companies with savvy financial acumen have substantial cash reserves and have not over utilized debt as a source of funding. With this in mind, we focused on the industrial sector to find stocks with a high level of liquidity and minimal debt. These companies are well positioned for long-term sustainability and it allows them to maintain focus on growth enhancing activities. We think you will find our list of industrial stocks worthy of further investigation.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
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