From Forbes:

Here's a look at five companies with healthy cash positions.

Hoarding cash and its equivalents isn't always a good thing. Cash doesn't tend to return much, and having a big pile of it around could either invite a takeover or tempt a company to make a dumb acquisition. Still, cash reserves provide an important cushion if business slows down, particularly for those companies carrying significant debt.

Here we searched for companies whose cash and equivalents represent 60% or more of their shareholder's equity, or assets less liabilities. We stayed away from overly leveraged outfits by tossing those whose long-term debt comprises more than half their total capital. And we took only companies with latest-12 month price-to-earnings multiples below 25 and with profits per share greater than 50 cents projected for each of the next two fiscal years.

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