Companies That Are Debt-Free

What do the following companies have in common?

  • Apple (AAPL)
  • Fastenal (FAST)
  • Panera Bread Corp (PNRA)
  • Texas Instruments (TXN)
  • Bed Bath & Beyond (BBBY)

Besides being TOTALLY UNRELATED organizations, they are all 100-percent DEBT-FREE!  Google was 100-percent debt-free until 2010 and Microsoft was 100-percent debt-free until 2009.  Each company possesses more than enough cash to eliminate the debt without any financial margin issues.

Take a good look around at America’s businesses – they are almost ALL carrying some debt.

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1 Comment

  1. Alan on March 26, 2013 at 4:55 pm

    How do these companies become debt free?



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