Who Has The Biggest Cash Hoard? 2016 Edition

Who Has The Biggest Cash Hoard? 2016 Edition by The Activist Investor Blog

We’ve followed the cash holdings of the largest US companies for some time now. Back in 2011 we claimed these holdings exacerbated the Great Recession, and then analyzed those balances. We updated this analysis each year since then.

It’s time once again to see who leads big companies in hoarding cash. This update comes after the Federal Reserve provided its economy-wide estimate of corporate cash (see Table B.103, p.135). It reports that as of the end of 2015, US non-financial businesses held $2.0 trillion of cash and other liquid assets, about the same as 2014 but up from $1.7 trillion when we first...