(per Google) companies with largest cash holdings compared to GME as % of market cap

Was discussing with others GME's cash holdings, and how usual or unusual that was amongst prominent companies.

Cash holdings alone don't say much about the health of a company. More relevant questions include where the cash came from, and what they are planning to spend it on. If a company doesn't effectively grow than a large cash position can be more of a liability than an asset.

I was curious about the ratios, pulled numbers online and just sharing it here for others. GME has a fairly large cash position compared to its market cap in this sample size, with General Electric standing out as a notable and large outlier with over half it's market cap available in cash.

17 points · 3 comments · view on lemmy.world

3 Comments

regolith@lemmy.whynotdrs.org · 5 pts · 3y (1 reply)

very interesting, I would have thought MSFT would have a higher percentage than GE

MozooZ@lemmy.whynotdrs.org · 2 pts · 3y

Yeah, that's a surprise.

jackofspades123@lemmy.whynotdrs.org · 3 pts · 3y

Wow, that's interesting.