Further, how valuable is the cash on corporate balance sheets if there is an equally large debt balance on the other side of the ledger (there is)? (greenbackd.com)
The healthy state of corporate balance sheets overall is also apparent in corporate bond spreads, which remain at relatively low levels. (rba.gov.au)
There is still further upside for valuations in 2018 due to low interest rates, strong corporate balance sheets and high quality earnings. (afr.com)