Safe Stocks Carrying Heavier Cash Over Debt

Wall St. Watchdog generated a stock screen for companies that have more cash than debt, and whose total amount of cash is at least 80% of the company’s market capitalization.

The criteria are:

  • Cash and equivalents > Total Debt Capital for the Last Fiscal Year
  • Cash and equivalents > Market capitalization * 0.8
  • Exchange country = “USA”
  • Market capitalization > $500 million

Following is information on the companies that met these criteria:

  • Nokia Corporation (ADR) (NYSE:NOK): This company operates in the Technology sector. Its revenue for the most recent fiscal year is $60,084,262,184, which represents a change of 3.57% for the year over year period. The stock recently traded at $5.54, its market capitalization is $20,811,165,227.01, it has cash and equivalents of $17,910,902,154, and its total debt for the last fiscal year was $10,087,176,512. About the company:  Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks. Will the Apple Settlement Keep Nokia Afloat?>>
  • United States Natural Gas Fund, LP (NYSE:UNG): This company operates in the Financial sector. Its revenue for the most recent fiscal year is ($1,493,729,000), which represents a change of 3.84% for the year over year period. The stock recently traded at $11.44, its market capitalization is $2,223,911,000.00, it has cash and equivalents of $2,320,746,000, and its total debt for the last fiscal year was $0. About the company:  United States Natural Gas Fund LP is an exchange-traded fund incorporated in the USA. The Fund’s objective is for the units’ net asset value to reflect the performance of the price of natural gas delivered at the Henry Hub, Louisiana, as measured by the futures contract on natural gas traded on the New York Mercantile Exchange.
  • Tellabs, Inc. (NASDAQ:TLAB): This company operates in the Technology sector. Its revenue for the most recent fiscal year is $1,642,300,000, which represents a change of 7.64% for the year over year period. The stock recently traded at $4.12, its market capitalization is $1,496,777,000.00, it has cash and equivalents of $1,348,100,000, and its total debt for the last fiscal year was $213,600,000. About the company:  Tellabs, Inc. designs, manufactures, markets, and services voice, data, and video transport and network access systems. The Company’s products are used worldwide by public telephone companies, long-distance carriers, alternate service providers, cellular service providers, cable operators, government agencies, utilities, and business end-users.
  • Enstar Group Ltd. (NASDAQ:ESGR): This company operates in the Financial sector. Its revenue for the most recent fiscal year is $136,058,000, which represents a change of 33.77% for the year over year period. The stock recently traded at $108.15, its market capitalization is $1,481,446,000.00, it has cash and equivalents of $3,502,959,000, and its total debt for the last fiscal year was $512,678,000. About the company:  Enstar Group Ltd. owns and manages insurance companies that offer run-off insurance. Run-off insurance covers a business owner, after he sells his business, for claims arising from the time during which he owned and operated his business.
  • United States Oil Fund LP (NYSE:USO): This company operates in the Financial sector. Its revenue for the most recent fiscal year is $1,024,050, which represents a change of -77.87% for the year over year period. The stock recently traded at $38.14, its market capitalization is $1,315,485,000.00, it has cash and equivalents of $1,522,955,000, and its total debt for the last fiscal year was $0. About the company:  United States Oil Fund LP is an exchange-traded fund incorporated in the USA. The Fund’s objective is for the units’ net asset value to reflect the performance of the spot price of West Texas Intermediate light. The Fund invests in futures contracts for West Texas Intermediate light.
  • MGIC Investment Corp. (NYSE:MTG): This company operates in the Financial sector. Its revenue for the most recent fiscal year is $1,520,525,000, which represents a change of -11.00% for the year over year period. The stock recently traded at $6.00, its market capitalization is $1,206,855,000.00, it has cash and equivalents of $1,304,154,000, and its total debt for the last fiscal year was $1,036,955,000. About the company:  MGIC Investment Corporation, through its subsidiary, provides private mortgage insurance coverage in the United States. The Company’s customers include thrifts, mortgage bankers and brokers, commercial banks, credit unions, and other lending institutions. The Company also provides, through subsidiaries, underwriting and contract services related to home mortgage lending.
  • China Yuchai International Limited (NYSE:CYD): This company operates in the Capital Goods sector. Its revenue for the most recent fiscal year is $2,507,919,519, which represents a change of 23.01% for the year over year period. The stock recently traded at $20.47, its market capitalization is $762,793,254.45, it has cash and equivalents of $646,722,881, and its total debt for the last fiscal year was $357,955,406. About the company:  China Yuchai International Limited is a holding company. Through its subsidiary, Guangxi Yuchai Machinery Company Limited (Yuchai), manufactures, assembles, and sells diesel engines in China.
  • Comtech Telecomm. Corp. (NASDAQ:CMTL): This company operates in the Technology sector. Its revenue for the most recent fiscal year is $778,205,000, which represents a change of 32.72% for the year over year period. The stock recently traded at $28.72, its market capitalization is $747,864,300.00, it has cash and equivalents of $607,594,000, and its total debt for the last fiscal year was $200,000,000. About the company:  Comtech Telecommunications Corp. designs, develops, and manufactures technology electronic products and systems. The Company’s communications products are used worldwide for voice, data, facsimile, and video transmissions at microwave frequencies in satellite, over-the-horizon microwave, terrestrial line-of-sight, and wireless telecommunications.
  • Eastman Kodak Company (NYSE:EK): This company operates in the Services sector. Its revenue for the most recent fiscal year is $7,187,000,000, which represents a change of -5.51% for the year over year period. The stock recently traded at $2.74, its market capitalization is $737,164,600.00, it has cash and equivalents of $1,624,000,000, and its total debt for the last fiscal year was $1,247,000,000. About the company:  Eastman Kodak Company develops, manufactures, and markets imaging products. The company provides professional and consumer digital cameras, laser images for radiologists, and photographic films for professionals and amateurs. Kodak also provides digital services for cinematographers, document scanners, aerial images, digital printers for commercial customers, and flat panel displays.
  • Direxion Daily Finan. Bear 3X Shs (NYSE:FAZ): This company operates in the Financial sector. Its revenue for the most recent fiscal year is $707,570, which represents a change of n/a for the year over year period. The stock recently traded at $47.78, its market capitalization is $708,655,900.00, it has cash and equivalents of $1,216,866,000, and its total debt for the last fiscal year was $0. About the company:  Direxion Daily Financial Bear 3X Shares is an exchange-traded fund incorporated in the USA. The Fund’s objective is daily investment results, before fees and expenses, of 300% of the inverse of the price performance of the Russell 1000 Financial Index.
  • E-House Holdings Limited (ADR) (NYSE:EJ): This company operates in the Services sector. Its revenue for the most recent fiscal year is $356,525,100, which represents a change of 19.02% for the year over year period. The stock recently traded at $7.97, its market capitalization is $645,191,900.00, it has cash and equivalents of $560,381,700, and its total debt for the last fiscal year was $475,539,700. About the company:  E-House China Holdings Ltd. offers real estate services. The Company offers primary real estate agency services to residential real estate developers; lists and brokers properties for resale; and offers land acquisition consulting and property development consulting services.
  • Mahanagar Telephone Nigam Limited (ADR) (NYSE:MTE): This company operates in the Services sector. Its revenue for the most recent fiscal year is $797,933,524, which represents a change of -15.12% for the year over year period. The stock recently traded at $2.00, its market capitalization is $621,418,820.60, it has cash and equivalents of $1,106,385,043, and its total debt for the last fiscal year was $0. About the company:  Mahanagar Telephone Nigam Limited operates a telecommunications company, which provides basic phone, Internet and cellular mobile telephony services in Delhi and Mumbai. The Company upgrades the quality of telecom services, expands the telecom network, introduces new services and raises revenue for the telecom development needs of Delhi and Mumbai.
  • Sycamore Networks, Inc. (NASDAQ:SCMR): This company operates in the Technology sector. Its revenue for the most recent fiscal year is $68,617,000, which represents a change of 1.87% for the year over year period. The stock recently traded at $21.06, its market capitalization is $603,731,600.00, it has cash and equivalents of $555,138,000, and its total debt for the last fiscal year was $0. About the company:  Sycamore Networks, Inc. develops and markets software-based optical networking products. The Company’s customers include local exchange carriers, incumbent local exchange carriers, long distance carriers, Internet service providers, cable operators, international telephone companies, and wholesale carriers.
  • Hilltop Holdings Inc. (NYSE:HTH): This company operates in the Financial sector. Its revenue for the most recent fiscal year is $131,737,000, which represents a change of 2.25% for the year over year period. The stock recently traded at $8.88, its market capitalization is $501,700,800.00, it has cash and equivalents of $649,439,000, and its total debt for the last fiscal year was $138,350,000. About the company:  Hilltop Holdings Inc. is a holding company that is seeking to make an opportunistic acquisitions or effect a business combination. The Company also provide fire and homeowners insurance to low value dwellings and manufactured homes primarily in Texas and other areas of the south, southeastern and southwestern United States through its subsidiary.

(Note: Selected financial data are sourced from screener.co.  All data are assumed to be accurate.)

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