Cash & Working Capital
July 13, 2016
Moody’s says increased borrowings, particularly by tech, is growing corporate cash piles.
Non-financial companies continue to accumulate cash at a robust pace, driven mostly by increased borrowings, according to a report from Moody’s Investor Services. Technology as it has for some time leads all sectors in the amount of cash holdings, accounting for five of the most cash-rich non-financial companies. In fact, tech...