Today we have shortlisted 12 stocks which are sitting on ample amount of cash and have strong operating cash flow ratios reflecting healthy liquidity position. Moreover, these companies have a high proportion of cash and cash equivalents with respect to their market cap. The shortlisted stocks have a cash ratio of more than 2 which indicates the company’s ability to survive during unexpected contingencies. During the past three months, a majority of these stocks have accumulated gains with average daily traded volume in excess of 100,000 shares.
|
Company Name |
Exchange |
Ticker |
Sector |
Market Cap |
Last Price |
Average Volume |
Price Change |
Cash and Cash Equivalents (MM) (2013) |
Cash Ratio |
Cash to Market Cap Ratio |
Cash from Operations |
Operating Cash Flow Ratio* |
|
Anacor Pharmaceuticals Inc |
NASDAQ |
ANAC |
Healthcare |
765.9 |
18.28 |
412,071 |
7.1% |
114.8 |
9.3 |
15.0% |
90.1 |
5.6 |
|
Royal Gold Inc |
NASDAQ |
RGLD |
Basic Materials |
4,932.4 |
76.19 |
594,700 |
18.1% |
664.0 |
18.9 |
13.5% |
172.6 |
4.9 |
|
Alacer Gold Corp |
TSX |
ASR |
Basic Materials |
792.8 |
2.73 |
840,445 |
-7.5% |
289.6 |
6.0 |
36.5% |
184.5 |
3.8 |
|
Alamos Gold Inc |
TSX |
AGI |
Basic Materials |
1,351.3 |
10.61 |
738,906 |
-0.1% |
409.7 |
16.6 |
30.3% |
86.6 |
3.4 |
|
Centerra Gold Inc |
TSX |
CG |
Basic Materials |
1,510.6 |
6.39 |
1,530,108 |
23.6% |
343.1 |
3.5 |
22.7% |
483.9 |
3.4 |
|
ICU Medical Inc |
NASDAQ |
ICUI |
Healthcare |
956.6 |
62.89 |
105,907 |
4.6% |
226.0 |
11.0 |
23.6% |
65.7 |
2.4 |
|
Forestar Group Inc |
NYSE |
FOR |
Financial |
673.2 |
19.28 |
220,249 |
8.5% |
192.3 |
5.2 |
28.6% |
88.8 |
2.4 |
|
Kosmos Energy Ltd |
NYSE |
KOS |
Energy |
4,279.0 |
11.04 |
901,798 |
2.7% |
598.1 |
2.7 |
14.0% |
522.4 |
2.4 |
|
Multimedia Games Holding Co Inc |
NASDAQ |
MGAM |
Consumer Goods |
893.4 |
30.17 |
296,868 |
9.4% |
102.6 |
3.1 |
11.5% |
76.5 |
2.3 |
|
Hornbeck Offshore Services Inc |
NYSE |
HOS |
Energy |
1,678.5 |
46.30 |
661,539 |
16.5% |
439.3 |
4.3 |
26.2% |
222.4 |
2.2 |
|
GATX Corp |
NYSE |
GMT |
Industrial |
3,134.3 |
68.08 |
331,303 |
2.0% |
379.7 |
2.1 |
12.1% |
400.7 |
2.2 |
|
International Speedway Corp |
NASDAQ |
ISCA |
Consumer Goods |
1,570.8 |
34.03 |
121,141 |
3.0% |
172.8 |
2.1 |
11.0% |
173.4 |
2.1 |
Source: Bloomberg;
Market Cap & Last price are in their respective currencies
*Cash Flow from Operation / Current Liabilities
Company Description:
Anacor Pharmaceuticals Inc (NASDAQ: ANAC)
Anacor Pharmaceuticals Inc. is a biopharmaceutical company developing small-molecule therapeutics derived from our boron chemistry platform. The company is focused on developing topical applications to treat fungal, bacterial and inflammatory diseases.
Royal Gold Inc (NASDAQ: RGLD)
Royal Gold, Inc. acquires and manages precious metals royalties. The company seeks to acquire existing royalties or to finance projects that are in production or near production in exchange for royalty interests. Royal Gold Inc.’s gold-focused portfolio contains royalties ranging from those in production and development to those in the evaluation and exploration stages.
Alacer Gold Corp (TSX: ASR)
Alacer Gold Corporation explores for gold. The company operates in Turkey.
Alamos Gold Inc (TSX: AGI)
Alamos Gold Inc. acquires, explores, develops and produces gold. The company has exploration and development activities in parts of Mexico and Turkey.
Centerra Gold Inc (TSX: CG)
Centerra Gold Inc, acquires, explores, develops, and operates gold properties primarily in Central Asia, the former Soviet Union, and other emerging markets. The company currently operates the Kumtor mine in the Kyrgyz Republic and the Boroo mine in Mongolia.
ICU Medical Inc (NASDAQ: ICUI)
ICU Medical, Inc. develops, manufactures, and sells disposable medical connection systems for use in intravenous (IV) therapy applications. The company’s products are designed to prevent accidental disconnection of IV lines and to protect healthcare workers and their patients from the spread of infectious disease such as Hepatitis B and Human Immunodeficiency Virus (HIV).
Forestar Group Inc (NYSE: FOR)
Forestar Group, Inc. invests in real estate, oil and natural gas producing properties, and forested land. The company develops residential and mixed-use communities; receives royalties from oil and natural gas producing properties in the southern United States; and sells wood fiber from its forests.
Kosmos Energy Ltd (NYSE: KOS)
Kosmos Energy Ltd. is an oil and gas exploration and production company. The company’s discoveries include hydrocarbon resources offshore along West Africa’s Atlantic coast.
Multimedia Games Holding Co Inc (NASDAQ: MGAM)
Multimedia Games Holding Company Inc. designs, manufactures and supplies stand-alone and networked gaming systems. The company’s stand alone player terminals, server-based systems, video lottery terminals, electronic scratch ticket systems, electronic instant lottery systems, back-office systems and bingo systems are used by Native American and commercial casino operators.
Hornbeck Offshore Services Inc (NYSE: HOS)
Hornbeck Offshore Services, Inc. provides marine transportation services to the offshore oil and gas industry. The company owns and operates deepwater offshore supply vessels in the Gulf of Mexico, which support day-to-day operations of oil drilling rigs and production platforms. Hornbeck also owns and operates ocean going tugs and barges in the northeastern United States and Puerto Rico.
GATX Corp (NYSE: GMT)
GATX Corporation leases, operates, manages and remarkets long-lived, widely used assets, primarily in the rail and marine markets. The company leases tank cars, freight cars and locomotives in North America, Europe and India. GATX Corp. also actively manages transportation and other leased assets on behalf of third parties.
International Speedway Corp (NASDAQ: ISCA)
International Speedway Corporation promotes motorsports activities in the United States. The company owns and/or operates various facilities, including Daytona International Speedway, Talladega Superspeedway, Phoenix International Raceway, Darlington Raceway, Watkins Glen International, and has interests in other facilities. International also owns and operates MRN Radio and DAYTONA USA.
