6 Cash-Heavy, Low-Debt Mid Cap Stocks

Most people can relate to the feeling of heaviness that comes along with accruing unmanageable debt. On the flip side, substantial amounts of cash in the bank can provide a sense of possibility. The same is true in the world of business. Debt limits options, and large cash reserves keeps doors wide open. Today we ran a screen to find mid cap stocks that have minimal debt and plenty of cash on hand. With these two components in place, companies are well positioned for growth. We think you will find our list worthy of further research.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 the amount of leverage utilized by a specific company and compare it to others to help analyze the company's
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