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@beardedyouthpastor Sorry brother I miscounted - it's 5/30 instead of the 3/30. Point remains however. Almost all of the 5 companies are very capital light companies (tech and services) so makes sense they don't require much capital or debt to invest. It's an equity screen grab off Bloomberg...

@beardedyouthpastor Net cash is inefficient - no matter how you see it. Do you think AAPL wouldn't like to mobilise it's cash it has stored to avoid taxes? Does that make AAPL inefficient? Not completely but it does have $38B that's idling, or in other words being inefficient. Also on your...

@beardedyouthpastor For that you should be looking at the company's current ratio. Most companies try to go for a minimum net cash position of zero - unless they're storing cash offshore for taxation purposes or acquisition purposes. Think about it as your own chequing account - you would...

@beardedyouthpastor Net cash doesn't mean it's debt free...