At the end of Q3 2011, U.S. non-financial companies had cash assets of $1.73 trillion–or 5.9% of total assets–according to data collected by the Financial Times earlier this year. Globally, that number may be even higher. Technology companies lead the field, with 24% of total assets in cash and equivalents. So which company has the most cash? We took a look at some of the biggest cash hoarders.
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Figures based on cash and equivalents from Q3 2012 according to Google Finance reports.
Can't get enough cash? Read Cash Concentrated Among Investment-Grade.
Take a look at who's paying dividends in our other slideshow, Dividends in the Spotlight.
Apple Inc.
Cash reserves: $27.6 billion
The tech powerhouse is well known for as a cash titan. Though its figures for cash and equivalents don't seem out of this world, with long term investments their supply was at $117 billion at the end of Q3 2012. In March, Moody's estimated its cash stores (then a modest $97 billion) represented 8% of all corporate cash. Beginning this month, the company will start paying out a dividend of $2.65 per share.
Can't get enough cash? Read Cash Concentrated Among Investment-Grade.
Take a look at who's paying dividends in our other slideshow, Dividends in the Spotlight.
Google Inc.
Cash reserves: $43.1 billion
Google's store of cash and equivalents has gone down this year, from $44.6 billion at year-end 2011. According to the Wall Street Journal, it has recently started putting its cash into bonds backed by car loans.
Can't get enough cash? Read Cash Concentrated Among Investment-Grade.
Take a look at who's paying dividends in our other slideshow, Dividends in the Spotlight.
Cisco Systems Inc.
Cash reserves: $48.4 billion
Networking giant Cisco holds a whopping 91% of its cash overseas in 2011, according to a Standard and Poor's survey of corporate cash. It used $5 billion of that cash to finance its acquisition of the British video-service software company NDS in March.
Can't get enough cash? Read Cash Concentrated Among Investment-Grade.
Take a look at who's paying dividends in our other slideshow, Dividends in the Spotlight.
Microsoft Inc.
Cash reserves: $63 billion
Microsoft's cash stores are up from $51.7 at the end of 2011. This, despite acquiring enterprise social networking provider Yammer for $1.2 billion in cash in June. It may also increase its 20 cent dividend this year.
Can't get enough cash? Read Cash Concentrated Among Investment-Grade.
Take a look at who's paying dividends in our other slideshow, Dividends in the Spotlight.
General Electric
Cash reserves: $74.29 billion
GE's cash supply has decreased from $84.5 billion since the end of 2011. The company is ranked 3rd largest in the world according to Forbes.
Can't get enough cash? Read Cash Concentrated Among Investment-Grade.
Take a look at who's paying dividends in our other slideshow, Dividends in the Spotlight.
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