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)
But what if I is the limiting factor and we have excess S, for instance through accumulation of cash on corporate balance sheets that isn't invested? (worthwhile.typepad.com)
There is still further upside for valuations in 2018 due to low interest rates, strong corporate balance sheets and high quality earnings. (afr.com)