10 Cash Rich Companies
By
siliconindia | Tuesday, March 20, 2012
7. Lorillard - Consumer Staples Sector
Lorillard is a tobacco company, which markets cigarettes under various brands, like - Max, Satin, True, Kent, Old Gold, Maverick and Newport. It is head-quartered in Greensboro, North Carolina, USA. It was founded in the year 1760. Pierre Abraham Lorillard founded the company in 1760.
Cash as Percent of Assets: 54.3 Percent
Cash as Percent of Annual Revenue: 36.7 Percent
Total Cash and Short-term Investments: $1.63 Billion
Sector Averages
Liquid Assets as Percent of Total Assets: 6.87 Percent
Total Liquid Assets: $69.69 Million
Other Cash-Rich Companies in Consumer Staples Sector
Sara Lee: 30.5 Percent of Assets
Mead Johnson Nutrition: 22.9 Percent of Assets

