General Question

saar's avatar

How many companies are sitting on more than a billion dollars in cash (net of debt)?

Asked by saar (21points) February 11th, 2009

I have looked on a number of sites and can’t seem to find an answer. I am trying to figure out how many companies are left that have over a billion in cash. Any ideas on how to find this information?

Observing members: 0 Composing members: 0

3 Answers

Judi's avatar

I heard that a lot of big companies borrowed as much as htey could with the first half of the bail out and are just sitting on it waiting to see what happens. You will probably never know how many.

Judi (40025points)“Great Answer” (0points) Flag as…
jackley's avatar

Apple has around $27 billion is debt-free cash.

jackley (283points)“Great Answer” (0points) Flag as…
Jeruba's avatar

Cisco has a bunch, something like $30 to $40 billion.

Jeruba (55836points)“Great Answer” (0points) Flag as…

Answer this question

Login

or

Join

to answer.

This question is in the General Section. Responses must be helpful and on-topic.

Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
or
Knowledge Networking @ Fluther