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Monday, September 24, 2012
6 Low-Debt Mid Caps With Plenty Of Cash
If you are an investor who takes care with your personal finances to always have a reasonable amount of savings on hand while keeping debt manageable, it makes sense that you would hold companies that you invest in to a similar standard. You know from experience that unanticipated expenses are part of life, and it is much better to have funds accessible than to accrue debt. We ran a scan to find stocks in the mid cap sector that are demonstrating the same fiscal oversight: minimal debt and good liquidity. Use the data and summaries below as a starting place for further investigation of these mid cap stocks.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
... Read the rest at SeekingAlpha.com
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