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Tuesday, November 16, 2010

Samsung is Asia’s second Cash Rich Company






A report published by Moody’s Investors Service claims that Samsung is the second richest company, in terms of cash in Asia. The leading Cash Rich Company in Asia is China Mobile.

About 120 Asian companies were surveyed by the firm whose cash-to-debt ratio was found to be over 400 percent or average balance per corporate of $1.5 billion, which is higher than the average per corporate in the United States.

Via: Samsunghub.com

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