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.