Business
4 ASX shares with sturdy balance sheets – The Motley Fool Australia
The rollercoaster year reminded investors of the importance of a healthy balance sheet. We take a look at 4 well-capitalised shares.
We have come to learn this year that share market crashes still exist and will continue into the future. Some investors may start looking for shares that make money and have a healthy balance sheet, as opposed to pre-revenue cash burners.
Any company can go bust in a major economic downturn, but having a good balance sheet makes it less likely. Let’s take a look at 4 financially fortified ASX companies.
Fortescue Metals Group Ltd (ASX: FMG)
The iron ore producer has had a bumper year as a result…
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