10 Cash Rich Companies
By
siliconindia | Tuesday, March 20, 2012
10. Priceline.com - Consumer Discretionary Sector
Priceline.com is an online website which aids customers get discounts on airfare and hotel stays. It is head-quartered in Norwalk, Connecticut, USA. It was founded in the year 1997. It was founded by Jay S. Walker, a renowned digital entrepreneur.
Cash as Percent of Assets: 63 Percent
Cash as Percent of Annual Revenue: 58.7 Percent
Total Cash and Short-term Investments: $2.4 Billion
Sector Averages
Liquid Assets as Percent of Total Assets: 19.99 Percent
Total Liquid Assets: $25.28 Million
Other Cash-Rich Companies in Consumer Discretionary Sector
Apollo Group: 40.7 Percent of Assets
Amazon.com: 37.9 Percent of Assets

