10 Cash Rich Companies


8. MetroPCS Communications - Telecom Services Sector

MetroPCS Communications is a cell-phone service provider. It was previously called General Wireless. It is head-quartered in Richardson, Texas, USA. It was founded in the year 1994. Roger D. Linquist is the President, CEO and Chairman of the company.

Cash as Percent of Assets: 23.7 Percent

Cash as Percent of Annual Aevenue: 46.3 Percent

Total Cash and Short-term Investments: $2.24 Billion

Sector Averages

Liquid Assets as Percent of Total Assets: 3.96 Percent

Total Liquid Assets: $25.6 Million

Other Cash-Rich Companies in Telecom Services Sector

Sprint Nextel: 11.3 Percent of Assets

Verizon Communications: 6.1 Percent of Assets