Wednesday, March 25, 2009

"Oh Why Must I Feel this Way... Must be the Money"

While I posted Cash Rules Everything Around Me a few weeks back detailing those entities holding the most cash, Sandeep Shroff (via Felix Salmon) goes one step further, detailing net cash (cash, short-term investments, marketable securities less current debt and capital lease obligations) by those corporations with the most, and least:



As Felix details:
This possibly helps explain why General Electric stock has done so badly of late, and also why GE is not like all those other triple-A companies. But it doesn't shed much light on things like car companies: I don't think the fact that Ford has lots of cash and rising necessarily makes it a more solid automaker than Toyota, which has a negative cash position and falling.
Source: Market Movers

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