Genting Group tops list of cash-rich companies


Genting Malaysia expected Resorts World Genting (RWG) to record 30 million visitors annually by 2020, due to the anticipated rise in gaming capacity from the company

A healthy cash position is an important indicator to evaluate whether a company’s financials are sound to withstand any unforeseen shocks.

Cash-rich companies are usually supported by “liquidity buffer”, which allows them to meet their debt obligations easily.

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Business , Net cash

   

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