Slideshow: Top Corporate Cash Cows

Companies are clinging to their cash more than ever before. Who is sitting on the most?

 

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.

 

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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