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I loaded up the S&P 500 into the equity screener on the Bloomberg terminal and got a sum for the cash and marketable securities column. (Apple correctly shows 9
by apaprocki 15y ago
I loaded up the S&P 500 into the equity screener on the Bloomberg terminal and got a sum for the cash and marketable securities column. (Apple correctly shows 96.7B in the column, so I know it is comparing apples to apples.) The data comes from the latest filing of each company.
edit: I see what they did. The bottom chart is showing cash from operations, which is a totally different data point. That chart is old (2011 Q3).. the cash from operations value for the S&P 500 is now 1.65T and Apple is 45.31B, or roughly 2.75%.
Their "Top 10" list is wrong by either metric. The 10 companies with the highest cash and marketable securities (what they are showing) are:
JPMorgan Chase - $380.20B
Bank of America - $357.29B
Berkshire Hathaway - $162.47B
Bank NY Mellon - $135.25B
General Electric - $131.87B
Apple Inc - $ 97.60B
State St Corp - $ 68.12B
Wells Fargo & Co - $ 63.81B
Goldman Sachs - $ 56.01B
Microsoft Corp - $ 51.74B
- mathattack 15y agoInteresting. I was thinking they just left out banks. Amazing the power of dividing apples by oranges. :-)